California Public Utilities Code ARTICLE 3 - Retirement Board

• Section 12361.
  The board shall create a retirement board of not more than five members, at least two members of which shall be the elected representatives of...
• Section 12362.
  All members of the retirement board shall serve without pay.(Enacted by Stats. 1951, Ch. 764.)
• Section 12363.
  The retirement board shall determine the eligibility of officers, employees, and their dependents to participation in the system and shall be the sole authority and...
• Section 12364.
  If the district maintains its own retirement fund, the retirement board shall have exclusive control of the administration, investment, and disbursement of the retirement fund....
• Section 12365.6.
  In addition to such other investments that are authorized by this article, the retirement board may, in its discretion, invest the assets of the retirement...
• Section 12365.7.
  (a) Notwithstanding any other provision of this chapter, the retirement board, or the district’s treasurer with the approval of the retirement board, may enter into security...
• Section 12365.8.
  Notwithstanding any other provision of this article, the retirement system may invest in any and all investments authorized by Section 1372 of the Financial Code...
• Section 12366.
  Notwithstanding Section 12364, the retirement board may contract with one or more qualified investment managers in connection with the investment program of the retirement board.(Amended...
• Section 12367.
  The retirement board may authorize a trust company or a trust department of any state or national bank authorized to conduct the business of a...
• Section 12368.
  Funds held by a district pursuant to a written agreement between the district and the employees of the district to defer a portion of the...

Last modified: October 22, 2018