Section 99272.
Cal. Public Utilities Code - PUC § 99272.
in effectAn 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:
(a)
Conducts periodic actuarial studies of its employee pension plans to determine the annual cost of future pension benefits.
(b)
Sets aside and invests, on a current basis, funds sufficient to provide for the payment of future pension benefits.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026