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HomePublic Utilities CodeDiv. 6Ch. 5Art. 3§ 12362 Retirement Board Unpaid Service

§ 12362 Retirement Board Unpaid Service

Public Utilities Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 12362 Retirement Board Unpaid Service

Key Takeaways

  • •People on the retirement board don't get paid for their work.
  • •They do this job for free.
  • •This rule has been around since 1951.

Example

Imagine your neighbor helps plan how retirement money is used for teachers.

Your neighbor doesn’t get paid for this help—they do it for free because the law says so.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 12362 Retirement Board Unpaid Service

All members of the retirement board shall serve without pay. (Enacted by Stats. 1951, Ch. 764.)

Last verified: January 23, 2026

Key Terms

retirement boardserve without pay

Related Statutes

  • § 25362 Retirement Board Unpaid Service
  • § 28911 Retirement Board Unpaid Service
  • § 12361 Retirement Board Composition
  • § 12363 Retirement Board Eligibility Authority
  • § 12364 Retirement Fund Administration Rules

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 12362.
View Official Source