California Code, PUC 30401.

California Code, PUC 30401.

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Public Utilities Code - PUC

DIVISION 10. TRANSIT DISTRICTS [24501 - 107025] Â Â ( Division 10 repealed and added by Stats. 1955, Ch. 1036. ) Â Â PART 3. SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT [30000 - 33021] Â Â ( Part 3 added by Stats. 1964, 1st Ex. Sess., Ch. 62. ) Â Â CHAPTER 4. Retirement System and Employment Benefits [30400 - 30471] Â Â ( Chapter 4 added by Stats. 1964, 1st Ex. Sess., Ch. 62. ) Â Â

ARTICLE 1. Establishment [30400 - 30406] Â Â ( Article 1 added by Stats. 1964, 1st Ex. Sess., Ch. 62. )

  30401.  The district may maintain its own retirement fund or may provide for benefits to eligible officers and employees, or their beneficiaries, by means of group insurance or other insurance, or by such means as in the opinion of the board will satisfactorily provide an adequate and sure method of meeting the payments contemplated by the retirement system. (Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)