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AB-1452 County retirement: optional settlements and death benefits.(1993-1994)



Current Version: 08/02/93 - Chaptered

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AB1452:v96#DOCUMENT

Assembly Bill No. 1452
CHAPTER 286

An act to add Sections 31768 and 31792 to the Government Code, relating to the County Employees Retirement Law of 1937.

[ Filed with Secretary of State  August 02, 1993. Approved by Governor  July 30, 1993. ]

LEGISLATIVE COUNSEL'S DIGEST


AB 1452, Cannella. County retirement: optional settlements and death benefits.
The existing County Employees Retirement Law of 1937, provides for the payment to surviving spouses various optional settlements and death benefits.
This bill would authorize county boards of supervisors to elect, with respect only to persons first becoming members on or after the election, to increase, by 33 1/3%, certain optional settlement and death benefit allowances payable to surviving spouses, that are currently limited to 60% of the members’ retirement allowance and to decrease, by 20%, certain postretirement death benefits that continue the amount of the members’ retirement allowance and the preretirement industrial death benefit of 50% of the members’ final compensation. This bill would apply only to Los Angeles County.

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


SECTION 1.

 Section 31768 is added to the Government Code, to read:

31768.
 Notwithstanding any other provision of this chapter to the contrary, the board may, by a resolution adopted, pursuant to both this section and Section 31792, by a majority vote and with respect only to persons who first become members on or after the effective date of the resolution, elect to increase, by 33 1/3 percent, the amounts payable pursuant to any one or more of Sections 31760.1, 31760.2, and 31765.1.
This section shall apply only to a county of the first class, as defined by Section 28020, as amended by Chapter 1204 of the Statutes of 1971, and Section 28022, as amended by Chapter 43 of the Statutes of 1961.

SEC. 2.

 Section 31792 is added to the Government Code, to read:

31792.
 Notwithstanding any other provision of this chapter to the contrary, the board may, by a resolution adopted, pursuant to both this section and Section 31768, by a majority vote and with respect only to persons who first become members on or after the effective date of the resolution, act as follows:
(a)  Elect to increase, by 33 1/3 percent, the amounts payable pursuant to any one or more of Sections 31781.1, 31785, and 31785.1.
(b)  Elect to decrease, by 20 percent, the amounts payable pursuant to any one or more of Sections 31786, 31786.1, and 31787.
This section shall apply only to a county of the first class, as defined by Section 28020, as amended by Chapter 1204 of the Statutes of 1971, and Section 28022, as amended by Chapter 43 of the Statutes of 1961.