Section 31008 Of Article 1. Powers Generally From California Water Code >> Division 12. >> Part 5. >> Chapter 1. >> Article 1.
31008
. A district may provide for the pension of officers or
employees and the creation of a special fund for the purpose of
paying such pension and the accumulation of contributions to said
fund from the revenues of the district, the wages of officers or
employees, voluntary contributions, gifts, donations, or any source
of revenue, not inconsistent with the general powers of the board,
and may contract with any insurance corporation or any other
insurance carrier for the establishment and maintenance of group
insurance, a system of group annuities, and a pension service for
such officers and employees, and may provide for the terms and
conditions under which such pensions, group insurance, or group
annuities shall be allowed, and for the time and extent of service of
officers or employees before such pensions, group insurance, or
group annuities shall be available to them.