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Public employees' retirement: pension prefunding.

It became law on Sep 21, 2018.

CA SB 1413 · Senate Bill · 2017–2018

Stage
Became law
Started in
Senate
Sponsors
Latest action
Sep 21, 2018

What it does

Existing law creates the Public Employees' Retirement System, which provides defined retirement benefits to employees of the state and to employees of other public agencies contracting with the Board of Administration of the Public Employees' Retirement System for this purpose. The benefits provided by the system are funded by employer and employee contributions and investment returns.

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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 21, 2018

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

It is law in California. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Public employees' retirement: pension prefunding. | 52