Bill Text: CA SB1232 | 2011-2012 | Regular Session | Amended

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Bill Title: County employees' retirement: cost-of-living adjustments.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2012-05-07 - Set, first hearing. Failed passage in committee. (Ayes 2. Noes 3. Page 3447.) Reconsideration granted. [SB1232 Detail]

Download: California-2011-SB1232-Amended.html

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BILL NUMBER: SB 1232	AMENDED
	BILL TEXT

	AMENDED IN SENATE  MAY 1, 2012
	AMENDED IN SENATE  APRIL 9, 2012

INTRODUCED BY   Senator Walters

                        FEBRUARY 23, 2012

   An act to  amend   add  Section 31870.8
 of   to  the Government Code, relating to
county employees' retirement.



	LEGISLATIVE COUNSEL'S DIGEST


   SB 1232, as amended, Walters. County employees' retirement:
cost-of-living adjustments.
   Existing law, the County Employees Retirement Law of 1937,
authorizes counties to establish retirement systems for county
employees, authorizes counties to establish a board of retirement,
and authorizes the board of retirement to provide cost-of-living
adjustments.
   This bill would provide  , except as specified, that a
person who first becomes a member of the Orange County Employees
Retirement System on or after January 1, 2013, shall not be eligible
to receive an annual cost-of-living increase, as specified, until at
least 12 months from the date of that member's retirement and the
member is only eligible to receive an adjustment based on the
preceding 12 months   for the annual  
cost-of-living adjustment of the monthly allowance of members of the
Orange County Employees Retirement System to be made beginning with
the 2nd calendar year following retirement on or after April 1,
subject to specified limitations  . The bill  provides
that   would provide that  the operation of these
provisions is contingent upon the Orange County Board of Supervisors
adopting a resolution making those provisions applicable in that
county, as specified.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 31870.8 is added to the Government Code, to
read:
   31870.8.  (a) Notwithstanding  Sections 31870, 31870.1,
and 31870.2, a person who first becomes a member on or after January
1, 2013, shall not be eligible to receive an annual cost-of-living
increase pursuant to any of those sections until at least 12 months
from the date of that member's retirement and the member is only
eligible to receive an adjustment based on the preceding 12 months
  anything to the contrary in this article, the monthly
allowance payable to or on account of any member shall be adjusted,
as provided in Sections 31870, 31870.1, and 31870.2, annually
beginning with the second   calendar year following
retirement on or after April 1  .
   (b) This section shall be applicable to members who retire on or
after the effective date of the resolution described in subdivision
 (a)   (d)  .
   (c) This section shall only apply to members who have been
employees or officials of Orange County, with respect to the portion
of their allowance attributable to that service, and does not apply
to any portion of an allowance attributable to a member's service as
an employee or official of any other district or entity within or
outside of the Orange County Employees Retirement System.
   (d) This section shall not become operative until the Orange
County Board of Supervisors, by resolution adopted by a majority
vote, makes the provisions of this section applicable in that county.