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Public Employees' Retirement System: replacement benefits plan.

It became law on Sep 25, 2017.

CA AB 1243 · Assembly Bill · 2017–2018

Stage
Became law
Started in
Assembly
Sponsor
1
Latest action
Sep 25, 2017

What it does

Existing law requires the Board of Administration of the Public Employees' Retirement System to establish a plan of replacement benefits for members and their survivors or beneficiaries whose retirement benefits are limited by specified federal law. Existing law requires an agency participating in this replacement benefit plan to deposit its contributions as the board directs into the Replacement Benefit Custodial Fund, which is continuously appropriated to carry out purposes related to the plan of replacement benefits.

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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 25, 2017

What moved

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Who is involved

Sponsors

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

  • ArambulaLead sponsor

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

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