Section 24900 Of Article 1. Establishment Of Plan From California Education Code >> Division 1. >> Title 1. >> Part 13. >> Chapter 35. >> Article 1.
24900
. The governing boards of two or more school districts, in
none of which the employees are entitled to the benefits of a pension
or retirement system maintained by a city, city and county, or
county in which the district, or a part thereof, is located, meeting
in joint session, may in their discretion, submit to the qualified
electors of the districts, and upon petition signed by not less than
10 percent of the qualified electors of each district the governing
boards shall submit to the qualified electors of the districts the
proposition of establishing a joint plan for a retirement salary to
be paid by the districts to all teachers fulfilling the requirements
of the plan in the public schools of the districts and to other
employees of the districts as the governing boards may determine, or,
in the case of a petition, other employees specified in the
petition, and to provide, out of funds of the districts, a portion of
the cost thereunder, including expenses incident to the
administration of the plan.