California Public Utilities Code

§ 50131

PUC § 50131Div. 10 · Part 5 · 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

Added by Stats. 1963, Ch. 839.