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Section 30431 Of Article 2. Benefits And Contributions From California Public Utilities Code >> Division 10. >> Part 3. >> Chapter 4. >> Article 2.

30431
. Any pension or retirement system adopted shall be on a sound actuarial basis and provide for contributions by both the district and the employee members of the system which shall be based on percentage of pay roll to be changed only by adjustments on account of experience under the system.