§ 50973
46 words·~1 min read·
/ca/government-code/50973A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board may provide that an award under this chapter shall not be payable, or begin to accrue, until the board establishes, by appropriate resolution, that the fund contains sufficient net assets to make the payments provided by this chapter based upon an actuarial reserve basis.