California Government Code ARTICLE 5 - Employee Benefits and Retirement System
- Section 66540.55.
The authority shall prescribe a method of securing employees, shall adopt rules and regulations governing the employment of employees, and shall prescribe the compensation to...
- Section 66540.56.
Represented employees of the San Francisco Bay Area Water Transit Authority shall become employees of the authority and shall suffer no loss of employment or...
- Section 66540.57.
The authority may establish a retirement system for the officers and employees of the authority and provide for the payment of annuities, pensions, retirement allowances,...
- Section 66540.58.
The authority may maintain its own retirement fund or may provide for benefits to eligible officers and employees, or their beneficiaries, by means of group...
- Section 66540.59.
Before establishing any retirement system, the authority shall secure a report from a qualified actuary, which shall show the cost of the benefits provided by...
- Section 66540.60.
The board may adopt all ordinances and resolutions and perform all acts necessary or convenient to the initiation, maintenance, and administration of the retirement system.(Repealed...
- Section 66540.61.
As an alternative method of providing a retirement system, the board may contract with the Board of Administration of the Public Employees’ Retirement System and...
- Section 66540.62.
The board may also contract with the Board of Administration of the Public Employees’ Retirement System for participation in the Federal Social Security Act and...
- Section 66540.63.
The board may classify and determine the officers and employees who shall be included as members in the retirement system and may change the classification...
- Section 66540.64.
The board may prescribe the terms and conditions upon which the officers and employees of the authority or their beneficiaries shall be entitled to benefits...
- Section 66540.65.
Any pension or retirement system adopted by the board shall be on a sound actuarial basis and provide for contributions by both the authority and...
- Section 66540.66.
Contributions shall be in amounts that shall accumulate at retirement a fund sufficient to carry out the promise to pay benefits to the individual on...
- Section 66540.67.
Nothing in any pension or retirement system or plan shall prevent the board from, at any time, amending, changing, modifying or terminating any provision for...
- Section 66540.68.
(a) This article does not apply to any employees of the authority in a bargaining unit that is represented by a labor organization, except as to...
Last modified: October 22, 2018