BILL NUMBER: AB 2612 CHAPTERED 09/26/02 CHAPTER 882 FILED WITH SECRETARY OF STATE SEPTEMBER 26, 2002 APPROVED BY GOVERNOR SEPTEMBER 25, 2002 PASSED THE SENATE AUGUST 27, 2002 PASSED THE ASSEMBLY MAY 9, 2002 INTRODUCED BY Assembly Member Maldonado FEBRUARY 21, 2002 An act to amend Section 53216.2 of the Government Code, relating to public employees. LEGISLATIVE COUNSEL'S DIGEST AB 2612, Maldonado. Public employees: pension trusts. Existing law provides that the legislative body of a local agency may establish a pension trust for the benefit of its officers and employees. Pursuant to these provisions, a county that has created a pension trust for its officers and employees may contract with the courts and other local agencies within the county to permit the officers and employees of the courts and local agencies to participate in the county's pension trust plan. These provisions also require the contracting court or local agency to determine if participation in the plan shall be optional or compulsory for its officers and employees. This bill would delete that latter requirement. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 53216.2 of the Government Code is amended to read: 53216.2. A county that has established a pension trust pursuant to this article may contract with the courts within the county, and with other local agencies within the county, to permit the officers and employees of those courts and local agencies to participate in any plan under the county's pension trust.