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County employees' retirement: optional settlements revision.

It became law on Sep 28, 2014.

CA AB 1824 · Assembly Bill · 2013–2014

Stage
Became law
Started in
Assembly
Sponsor
1
Latest action
Sep 28, 2014

What it does

The County Employees Retirement Law of 1937 permits a member or retired member of a retirement system established pursuant to its provisions, prior to the time that the first payment of any retirement allowance is made, to elect certain optional settlements, which operate to reduce the allowance payable to the member through his or her life and provide for a subsequent payment to another party or parties, including his or her spouse. Existing law authorizes a person to revoke a beneficiary nomination at his or her pleasure and nominate a different beneficiary, except for a nomination made under 3 specified optional settlements.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 28, 2014

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

County employees' retirement: optional settlements revision. | 52