§ 32267
44 words·~1 min read·
/ca/government-code/32267A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board shall annually prepare a budget of the cost of maintaining the pension fund. For this purpose it may employ an actuary to assist it in preparing the budget and report, to the end that the system may be scientifically financed and administered.