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County employees: retirement.

This bill failed and is no longer moving.

CA SB 1056 · Senate Bill · 2013–2014

Stage
Failed
Started in
Senate
Sponsor
1
Latest action
Nov 30, 2014

What it does

The County Employees Retirement Law of 1937 authorizes counties and districts to establish retirement systems for their employees. Existing law requires an actuarial valuation of the retirement system to be made, as specified. Existing law defines "actuarial rate" as the interest assumption rate established by the most recent actuarial survey recommended by the board of retirement and adopted by the board of supervisors.

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Where it stands

This bill failed and is no longer moving.

Failed

This bill failed and is no longer moving.

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Who is involved

Sponsors

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

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Where it goes next

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

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County employees: retirement. | 52