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California Code, Public Utilities Code - PUC § 99272

Current as of January 01, 2025 | Updated by Findlaw Staff

An operator that has a private pension plan shall be eligible for allocations under this article, on and after July 1, 1976, only if the operator does both of the following:

(a) Conducts periodic actuarial studies of its employee pension plans to determine the annual cost of future pension benefits.

(b) Sets aside and invests, on a current basis, funds sufficient to provide for the payment of future pension benefits.

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Cite this article: FindLaw.com - California Code, Public Utilities Code - PUC § 99272 - last updated January 01, 2025 | https://codes.findlaw.com/ca/public-utilities-code/puc-sect-99272/

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