Section 102430 Of Article 2. Retirement System From California Public Utilities Code >> Division 10. >> Part 14. >> Chapter 6. >> Article 2.

. The district may provide for a retirement system; provided, that the adoption, terms, and conditions of any retirement system covering employees of the district represented by a labor organization in accordance with this section shall be pursuant to a collective bargaining agreement between such labor organization and the district. The district may establish trust accounts for the purposes of this section.