{"data":{"id":"us-ca/puc-99272","jurisdiction":"us-ca","citation":"PUC § 99272","heading":"","body":"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:\n(a) Conducts periodic actuarial studies of its employee pension plans to determine the annual cost of future pension benefits.\n(b) Sets aside and invests, on a current basis, funds sufficient to provide for the payment of future pension benefits.","path":["Public Utilities Code - PUC","DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","PART 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT [99150. - 99582.]","CHAPTER 4. Transportation Development [99200. - 99420.]","ARTICLE 4. Claims for Funds [99260. - 99273.]"],"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":"e5210ee467480ee936befd547004cb7c5bc53d7a50754b364120a8068fb6bb4f","source_id":"us-ca","stale":false,"prev":"us-ca/puc-99271","next":"us-ca/puc-99273"},"notice":"GroundRules: Original legal text. Not legal advice."}