§ 105172 Public Utility Pension Transfers
This law lets people who get pensions from a company that was bought by the government join the government's pension plan if both sides agree. They might have to give up their old pension to do this.
A water company is bought by the city, and its workers have their own pension plan.
The city and the workers can make a deal so the workers can switch to the city's pension plan, but they might have to give up their old pension benefits.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 105172 Public Utility Pension Transfers
Last verified: January 11, 2026