California Public Utilities Code ARTICLE 2 - Benefits and Contributions

• Section 30430.
  The board may prescribe the terms and conditions upon which the officers and employees of the district or their beneficiaries shall be entitled to benefits...
• Section 30431.
  Any pension or retirement system adopted shall be on a sound actuarial basis and provide for contributions by both the district and the employee members...
• Section 30432.
  Contributions shall be in amounts which will accumulate at retirement a fund sufficient to carry out the promise to pay benefits to the individual on...
• Section 30433.
  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...

Last modified: October 22, 2018