ARTICLE 3. Retirement Board

Article 3 added by Stats. 1963, Ch. 839.

§§ 50150–50153 · 4 sections

• § 50150 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 the employees,…
• § 50151 All members of the retirement board shall serve without pay.
• § 50152 The retirement board shall determine the eligibility of officers, employees, and their dependents to participation in the system and shall be the sole…
• § 50153 If the district maintains its own retirement fund the retirement board shall have exclusive control of the administration, investment, and disbursement of such…