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AB-1878 Public Employees’ Retirement System: state or school members: postretirement death benefit.(2015-2016)

Senate:
1st
Cmt
2nd
3rd
Pass
Assembly:
1st
Cmt
2nd
3rd
Pass
Pass
Veto
Bill Status
AB-1878
Jones-Sawyer (A)
-
-
Public Employees’ Retirement System: state or school members: postretirement death benefit.
03/12/16
An act to amend Section 21623 of the Government Code, relating to public employees’ retirement, and making an appropriation therefor.
Assembly
08/22/16
05/31/16

Type of Measure
Inactive Bill - Vetoed
Majority Vote Required
Appropriation
Fiscal Committee
Non-State-Mandated Local Program
Non-Urgency
Non-Tax levy
Last 5 History Actions
Date Action
09/26/16 Vetoed by Governor.
08/25/16 Enrolled and presented to the Governor at 5 p.m.
08/19/16 In Assembly. Ordered to Engrossing and Enrolling.
08/18/16 Read third time. Passed. Ordered to the Assembly. (Ayes 24. Noes 12. Page 5135.).
08/15/16 Read second time. Ordered to third reading.
Governor's Veto Message
To the Members of the California State Assembly:

I am returning Assembly Bill 1878 without my signature.

This bill authorizes the California Public Employees' Retirement System Board to increase the lump-sum post-retirement death benefit for state and school members based on inflation.

Given the state's huge unfunded pension liabilities, I don't believe it is prudent to add the additional costs that this bill would require.

Sincerely,



Edmund G. Brown Jr.