Section 120509 Of Article 1. Employees Relations From California Public Utilities Code >> Division 11. >> Chapter 5. >> Article 1.
120509
. (a) Upon the request of the board, as defined in Section
120508, with the consent of any labor organization acting as the
exclusive representative of employees whose collective bargaining
rights are subject to Section 120508, the board may enter into a
contract to enroll the collectively bargained employees as members of
the Public Employees' Retirement System or another retirement
system.
(b) A contract to enroll employees in the Public Employees'
Retirement System shall be subject to the provisions of Part 3
(commencing with Section 20000) of Division 5 of Title 2 of the
Government Code.
(c) Employees transferred from any existing retirement system or
pension plan to the Public Employees' Retirement System or any other
retirement system by operation of this section shall receive benefits
immediately after enrollment in, or transfer to, the system that are
at least equal to, or greater than, the benefits the employees would
have been entitled to immediately before enrollment in, or transfer
to, the system.