California § 1162 - The pension plan shall be administered and all benefit payments shall be made by
Full text of California Public Contract Code - PCC § 1162 — The pension plan shall be administered and all benefit payments shall be made by, with citation guidance and answers to common questions.
§ 1162. The pension plan shall be administered and all benefit payments shall be made by
(a) The pension plan shall be administered and all benefit payments shall be made by one or more fiduciary agents selected by the board. Except for the collection of revenues in accordance with Section 1165 and the pilots serving as members of the board, and unless otherwise directed by the board, the pilots shall have no control of any kind or manner over the operation, administration, or management of the plan. (b) All revenues pursuant to the plan shall be collected by the pilots, at no cost to the state or board, and transmitted monthly to the fiduciary agent or agents. The revenues shall not be included in the account required by Section 1136.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1162
What does Public Contract Code - PCC § 1162 cover?
Section 1162 ("The pension plan shall be administered and all benefit payments shall be made by") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 1162?
A common citation format is "Public Contract Code - PCC § 1162" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 1162 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.