California § 99271 - An operator shall be eligible for allocations under this article, on and after Ju
Full text of California Public Contract Code - PCC § 99271 — An operator shall be eligible for allocations under this article, on and after Ju, with citation guidance and answers to common questions.
§ 99271. An operator shall be eligible for allocations under this article, on and after Ju
(a) An operator shall be eligible for allocations under this article, on and after July 1, 1976, only if the current cost of its retirement system is fully funded with respect to the officers and employees of its public transportation system, or if the operator is implementing a plan approved by the transportation planning agency which will fully fund the retirement system for such officers and employees within 40 years. (b) âFully fundedâ with respect to the retirement system, means that the system, at any particular time, has assets determined to be sufficient to provide for the payment of all pension and other benefits to such officers and employees then entitled, or who may become entitled, under terms of the system to an immediate or deferred benefit in respect to service rendered by such officers and employees.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 99271
What does Public Contract Code - PCC § 99271 cover?
Section 99271 ("An operator shall be eligible for allocations under this article, on and after Ju") 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 § 99271?
A common citation format is "Public Contract Code - PCC § 99271" (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 § 99271 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.