California Public Utilities Code

§ 12302

PUC § 12302Div. 6 · Ch. 5 · Art. 1

Statute text

The district may maintain its own retirement fund or may provide for benefits to eligible officers and employees, or their beneficiaries, by means of group insurance or other insurance, or by such means as in the opinion of the board will satisfactorily provide an adequate and sure method of meeting the payments contemplated by the retirement system.

Legislative history

Enacted by Stats. 1951, Ch. 764.