BILL NUMBER: AB 1428 CHAPTERED 10/12/03 CHAPTER 850 FILED WITH SECRETARY OF STATE OCTOBER 12, 2003 APPROVED BY GOVERNOR OCTOBER 11, 2003 PASSED THE ASSEMBLY SEPTEMBER 9, 2003 PASSED THE SENATE SEPTEMBER 4, 2003 AMENDED IN SENATE AUGUST 18, 2003 AMENDED IN SENATE JULY 9, 2003 AMENDED IN ASSEMBLY MAY 5, 2003 INTRODUCED BY Assembly Member Levine FEBRUARY 21, 2003 An act to amend Section 20092 of the Government Code, relating to the Public Employees' Retirement System. LEGISLATIVE COUNSEL'S DIGEST AB 1428, Levine. The Public Employees' Retirement System. Under the Public Employees' Retirement Law, each employing agency that employs an elected member of the Board of Administration of the Public Employees' Retirement System, and that employs a person to replace the member during board meetings or other specified duties, is reimbursed from the Public Employees' Retirement Fund for the costs incurred by employing the replacement, not to exceed 25% of the member's total annual compensation. This bill would delete the requirement that the reimbursement for costs not exceed 25% of the member's total annual compensation but would limit reimbursement to direct and reasonable costs. The bill would also make the reimbursement for costs incurred in employing a replacement operative retroactively, as of February 1, 2003. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 20092 of the Government Code is amended to read: 20092. Each employing agency that employs an elected member of the board and that employs a person to replace the member during attendance at meetings of the board, or meetings of committees or subcommittees of the board, or when serving as a panel member of this system, or when carrying out other powers or duties as may be approved by the board, shall be reimbursed from the retirement fund for the direct and reasonable costs incurred by employing a replacement. Reimbursement for the costs incurred in employing a replacement pursuant to this section shall be operative on February 1, 2003.