{"data":{"id":"us-ca/puc-98192","jurisdiction":"us-ca","citation":"PUC § 98192","heading":"","body":"The board shall provide that both the district and the members shall contribute to the retirement system. The rate of contribution by an officer or employee of the district becoming a member of the retirement system shall be so fixed as to provide, with accumulated interest and based on tables and assumptions adopted by the board, substantially one-half the value of any retirement allowance granted for service, exclusive of any credits allowed for prior service.","path":["Public Utilities Code - PUC","DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","PART 10. SANTA CRUZ METROPOLITAN TRANSIT DISTRICT [98000. - 98407.]","CHAPTER 5. Retirement System [98180. - 98205.]","ARTICLE 2. Benefits and Contributions [98190. - 98196.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"023e1092cd6d246b07cd73f44f9d25820cbf3559d3cf0aa4c980f30611d27160","source_id":"us-ca","stale":false,"prev":"us-ca/puc-98191","next":"us-ca/puc-98193"},"notice":"GroundRules: Original legal text. Not legal advice."}