California Public Utilities Code
§ 12303
PUC § 12303Div. 6 · Ch. 5 · Art. 1
Statute text
View on leginfo.ca.govBefore 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.
Legislative history
Enacted by Stats. 1951, Ch. 764.