BILL NUMBER: SB 795	CHAPTERED  07/16/01

	CHAPTER  67
	FILED WITH SECRETARY OF STATE  JULY 16, 2001
	APPROVED BY GOVERNOR  JULY 16, 2001
	PASSED THE ASSEMBLY  JUNE 27, 2001
	PASSED THE SENATE  MAY 17, 2001
	AMENDED IN SENATE  MARCH 29, 2001

INTRODUCED BY   Senator Torlakson

                        FEBRUARY 23, 2001

   An act to add Section 31683 to the Government Code, relating to
retirement.



	LEGISLATIVE COUNSEL'S DIGEST


   SB 795, Torlakson.  Retirement:  County Employees Retirement Act.
   The existing County Employees Retirement Law of 1937 provides for
various optional benefits for members of the retirement system.
   This bill would authorize the Board of Supervisors of Contra Costa
County to fully fund and establish an optional, supplemental
retirement benefit for retired members and their surviving
beneficiaries.  The bill would specifically permit the payment of an
additional monthly benefit of $200, $120, or $100, based on the
election or allowance selected by the member.


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


  SECTION 1.  Section 31683 is added to the Government Code, to read:

   31683.  (a) The board of supervisors in a county of the ninth
class, as defined in Sections 28020 and 28030, may elect to provide
an additional benefit to members who retired and to their surviving
beneficiaries who are receiving allowances under this system, if the
following conditions are satisfied:
   (1) A qualified actuary determines the cost of the payments
authorized by this section.
   (2) The board of retirement fully funds the costs of the payments
by this section through a transfer of funds from the reserves as
provided in Section 31592.2.
   (b) The payments shall be made monthly only to those members and
their surviving beneficiaries who are receiving allowances under this
system on a date established by the board of retirement.
   (c) The first payment shall be effective on the first day of the
first full month that occurs after adoption of this section by the
board of supervisors.
   (d) The amount of each additional monthly benefit to a retired
member shall be two hundred dollars ($200).
   (e) Notwithstanding subdivision (d), the monthly payments to
beneficiaries of members pursuant to Section 31760.1, 31765.1,
31781.1, or 31785, or to beneficiaries who elect a combined benefit
pursuant to Section 31781.3 shall be one hundred twenty dollars
($120).
   (f) Notwithstanding subdivision (d), the monthly payments to
beneficiaries of members who elected optional settlement three
pursuant to Section 31763 shall be one hundred dollars ($100).
   (g) The payments made pursuant to this section shall be considered
a part of the monthly allowance and shall be increased by any
subsequent cost-of-living allowance under Article 16.5 (commencing
with Section 31870).