Cal. Pub. Util. Code § 30402

Current through the 2023 Legislative Session.

Section 30402 - Report from actuary

Before establishing any retirement system the board shall secure a report from a qualified actuary, which shall show the cost of the benefits provided by the system, and the prospective assets and liabilities of the system.

Ca. Pub. Util. Code § 30402

Added by Stats. 1964, 1st Ex. Sess., Ch. 62.