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AB-2483 Public employees: retirement.(2013-2014)

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AB2483:v98#DOCUMENT

Amended  IN  Assembly  March 28, 2014

CALIFORNIA LEGISLATURE— 2013–2014 REGULAR SESSION

Assembly Bill
No. 2483


Introduced by Assembly Member Allen

February 21, 2014


An act to amend Section 20000 20090 of the Government Code, relating to retirement.


LEGISLATIVE COUNSEL'S DIGEST


AB 2483, as amended, Allen. Public employees: retirement.

Existing

The California Constitution prohibits changing the composition of the retirement board of certain public pension systems, including the number, terms, and method of selection and removal of members, unless the change is ratified by a majority vote of the electors of the jurisdiction in which the participants of the pension system are or were, prior to retirement, employed. Existing law, the Public Employees’ Retirement Law establishes the Public Employees’ Retirement System (PERS) for the purpose of providing pension benefits to specified public employees. Existing law creates the Board of Administration of PERS for the purpose of governing the system and prescribes the composition of the board. Existing law requires, among other things, that 2 members of the board of administration be selected from the membership of the system and elected under the supervision of the board.
This bill would revise the composition of the Board of Administration of PERS. The bill would increase to 3 the number of members of the board to be selected from the membership of the system and elected under the supervision of the board. This provision would not become operative until ratified by a majority of voters at a statewide election. The bill would require the Secretary of State to submit that provision of the bill to the voters at the next statewide election.

This bill would make a technical, nonsubstantive change to that provision.

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NOYES   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 20090 of the Government Code is amended to read:

20090.
 The Board of Administration of the Public Employees’ Retirement System is continued in existence. It consists of:
(a) One member of the State Personnel Board, selected by and serving at the pleasure of the State Personnel Board.
(b) The Director of Human Resources.
(c) The Controller.
(d) The Treasurer.
(e) An official of a life insurer and an elected official of a contracting agency, appointed by the Governor.
(f) One person representing the public, appointed jointly by the Speaker of the Assembly and the Senate Committee on Rules.
(g) Six Seven members elected under the supervision of the board as follows:
(1) Two Three members elected by the members of this system from the membership thereof.
(2) A member elected by the active state members of this system from the state membership thereof.
(3) A member elected by and from the active local members of this system who are employees of a school district or a county superintendent of schools.
(4) A member elected by and from the active local members of this system other than those who are employees of a school district or a county superintendent of schools.
(5) A member elected by and from the retired members of this system.

SEC. 2.

 This act would change the composition of the Board of Administration of the Public Employees’ Retirement System and shall be operative only upon ratification by the voters at a statewide election, pursuant to subdivision (f) of Section 17 of Article XVI of the California Constitution. The Secretary of State shall submit this act to the voters for approval at the next statewide election.
SECTION 1.Section 20000 of the Government Code is amended to read:
20000.

This part shall be known and may be cited as the Public Employees’ Retirement Law.