Section 45308.6.
45308.6. For purposes of Section 45308.5, city retirement systems shall employ investment counsel or trust companies or trust departments of banks to render service in connection with the city retirement system’s investment program. (Added by Stats. 1967, Ch. 1359.)
Section 45341.
45341. The legislative body may establish a pension plan and provide retirement and death benefits for city employees in order to effect economy and efficiency in the public service and provide a means by which employees who become superannuated or otherwise incapacitated may, without hardship or prejudice, be replaced by more capable employees. (Added by […]
Section 45301.
45301. By ordinance, any city may establish a retirement system for its officers and employees and provide for the payment of retirement allowances, pensions, disability payments, and death benefits, or any of them. (Added by Stats. 1949, Ch. 79.)
Section 45301.5.
45301.5. Notwithstanding any provision of this chapter to the contrary, separate rates of contribution for male and female employees shall not be maintained or established, nor shall different allowances or benefits be established for male and female employees. (Added by Stats. 1976, Ch. 1436.)
Section 45302.
45302. Before the ordinance establishing a retirement system is adopted, the city legislative body shall adopt a resolution giving notice of intention to adopt the ordinance. The resolution shall contain a summary of the major provisions of the proposed retirement system. (Added by Stats. 1949, Ch. 79.)
Section 45303.
45303. The ordinance shall not be adopted unless an election is first held to permit the employees proposed to be included in the system to express by secret ballot their approval or disapproval of the retirement proposal. (Added by Stats. 1949, Ch. 79.)
Section 45304.
45304. The ballot used at the election shall include a summary of the retirement system as set forth in the resolution. (Added by Stats. 1949, Ch. 79.)
Section 45305.
45305. The election shall be conducted in a manner to be prescribed by the legislative body, and permit firemen, policemen, and other city employees included in the system, as separate groups, to express their approval or disapproval. The ordinance shall not include in the system any group a majority of whose members disapproves the system. […]
Section 45306.
45306. The ordinance establishing a retirement system may be adopted either by a majority vote of the electorate of the city or by approval of a two-thirds majority of the legislative body of the city. The ordinance shall not be repealed except by a vote of the electorate. (Added by Stats. 1949, Ch. 79.)
Section 45307.
45307. The ordinance shall provide for the appointment of a retirement board and for the delegation to the board of such powers and duties in relation to the system as are deemed advisable to carry out the intent and purpose of this article. (Added by Stats. 1949, Ch. 79.)