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Public retirement: final compensation: computation: retirees.

It was vetoed on Nov 30, 2010.

CA SB 1425 · Senate Bill · 2009–2010

Stage
Vetoed
Started in
Senate
Sponsors
4
Latest action
Nov 30, 2010

What it does

(1) The Public Employees' Retirement Law (PERL) creates the Public Employees' Retirement System (PERS) , which provides a defined benefit to its members based on age at retirement, service credit, and final compensation. PERL defines "final compensation" for purposes of calculating a member's retirement allowance. The State Teachers' Retirement Law (STRL) and the retirement laws for county employees and city employees also provide for a defined benefit based on age at retirement, service credit, and final compensation.

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Where it stands

This bill failed and is no longer moving.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Needs attention)

    Vetoed

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Public retirement: final compensation: computation: retirees. | 52