DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 1. GENERAL 36501-36525›CHAPTER 7. City Attorney 41801-41805›ARTICLE 2. Pension and Retirement Systems 45341-45345
§ 45342
California Government Code · 2026-09 edition · updated 2026-09-27 · California
Any pension or retirement system adopted shall be on a sound actuarial basis and provide for contributions by both the city and the employee members of the system which shall be based on percentages of pay roll to be changed only by adjustments on account of experience under the system.
(Added by Stats. 1949, Ch. 79.)
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