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Sec. 190.01. New Pension System.
There hereby is created, established and adopted, separate and apart from the Fire and Police Pension System provided by Article XVII of this Charter, a pension system, which shall be known as the “New Pension System” but which hereinafter shall be referred to merely as “the New System”, providing pension benefits for certain members of the Fire Department and of the Police Department of the City of Los Angeles and for certain other beneficiaries hereinafter designated. (Added, 1967.)