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HomePublic Utilities CodeDiv. 6Ch. 5Art. 1§ 12304 Retirement System Administration Powers

§ 12304 Retirement System Administration Powers

Public Utilities Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 12304 Retirement System Administration Powers

Key Takeaways

  • •The board can make rules to start and run the retirement system.
  • •The board can do what is needed to keep the retirement system working.
  • •The board can pass laws and decisions to manage the retirement system.

Example

The board decides to change how much money people need to save for retirement.

The board can make this change because they have the power to create and manage the rules for the retirement system.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 12304 Retirement System Administration Powers

The board may adopt all ordinances and resolutions and perform all acts necessary or convenient to the initiation, maintenance, and administration of the retirement system. (Enacted by Stats. 1951, Ch. 764.)

Last verified: January 23, 2026

Key Terms

boardordinancesresolutionsretirement system

Related Statutes

  • § 25304 Retirement System Administration Powers
  • § 28873 Retirement System Administration Powers
  • § 30403 Retirement System Administration Powers
  • § 12302 District Retirement Benefits Options
  • § 12306 Retirement System Membership Classification

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 12304.
View Official Source