Government Code § 66540.59

ARTICLE 5. Employee Benefits and Retirement System

Current as of September 28, 2026Gov. Code, § 66540.59Official source ↗

Added by Stats. 2007, Ch. 734, Sec. 2. Effective January 1, 2008.

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 the system, and the prospective assets and liabilities of the system.