ARTICLE 2. Benefits and Contributions

Article 2 added by Stats. 1964, 1st Ex. Sess., Ch. 62.

§§ 30430–30433 · 4 sections

• § 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 and…
• § 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 of the…
• § 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 account…
• § 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…