Cal. Gov. Code § 66540.59

Current through the 2023 Legislative Session.

Section 66540.59 - Actuary's report before establishing retirement system

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.

Ca. Gov. Code § 66540.59

Added by Stats 2007 ch 734 (SB 976),s 2, eff. 1/1/2008.