AB 569
California Public Employees’ Pension Reform Act of 2013: exceptions: supplemental defined benefit plans.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Appropriations
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill modifies the California Public Employees’ Pension Reform Act of 2013 (PEPRA) to allow for collective bargaining regarding supplemental retirement benefits offered by public employers. Previously, offering supplemental defined benefit plans after 2013 was restricted, particularly for employers who hadn't offered them before that date. This change would permit public employers and their employee representatives to negotiate contribution rates for these supplemental plans, subject to existing PEPRA limitations. The bill aims to provide greater flexibility for public employers to offer these benefits while still adhering to broader pension reform goals.
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