Government Code section 45342

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

Source: Section 45342, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=45342. (updated Jan. 1, 1949; accessed Oct. 20, 2025).

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Oct. 20, 2025

§ 45342's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_45342

Original Source: Section 45342, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=45342. (last accessed May 12, 2025).