BILL NUMBER: SB 270	CHAPTERED  08/04/03

	CHAPTER  191
	FILED WITH SECRETARY OF STATE  AUGUST 4, 2003
	APPROVED BY GOVERNOR  AUGUST 3, 2003
	PASSED THE ASSEMBLY  JULY 17, 2003
	PASSED THE SENATE  APRIL 7, 2003
	AMENDED IN SENATE  MARCH 24, 2003

INTRODUCED BY   Senator Soto

                        FEBRUARY 18, 2003

   An act to add Section 31537 to the Government Code, relating to
county employees' retirement systems.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 270, Soto.  County employees' retirement systems:  proposed
changes.
   Under the County Employees Retirement Law of 1937, management of a
county or district retirement system is vested in the board of
retirement.
   This bill would require that board to provide organizations that
are recognized by the board as representing the retired employees of
the county or district with notice and an opportunity to comment on
any proposed changes to the system's retirement benefits or the uses
of any excess funds of the system.


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


  SECTION 1.  Section 31537 is added to the Government Code, to read:

   31537.  The board shall provide to any organization that is
recognized by the board as representing the retired employees of the
county or district reasonable advance notice of any proposed changes
to the retirement benefits offered by the system or the use or uses
of excess funds of the retirement system.  The organization shall
have a reasonable opportunity to comment prior to any formal action
by the board on the proposed changes.