BILL ANALYSIS                                                                                                                                                                                                    



                                                                       



           ------------------------------------------------------------ 
          |SENATE RULES COMMITTEE            |                  AB 1987|
          |Office of Senate Floor Analyses   |                         |
          |1020 N Street, Suite 524          |                         |
          |(916) 651-1520         Fax: (916) |                         |
          |327-4478                          |                         |
           ------------------------------------------------------------ 
           
                                         
                                 THIRD READING


          Bill No:  AB 1987
          Author:   Ma (D)
          Amended:  8/27/10 in Senate
          Vote:     21

           
           SENATE PUBLIC EMP. & RET. COMMITTEE  :  5-0, 6/23/10
          AYES:  Correa, Corbett, Ducheny, Hollingsworth, Liu
          NO VOTE RECORDED:  Ashburn

           SENATE APPROPRIATIONS COMMITTEE  : 11-0, 8/12/10
          AYES: Kehoe, Ashburn, Alquist, Corbett, Emmerson, Leno,  
            Price, Walters, Wolk, Wyland, Yee

           ASSEMBLY FLOOR  :  75-0, 6/3/10 - See last page for vote


           SUBJECT  :    Public retirement:  final compensation:   
          computation:  
                      retirees

           SOURCE  :     Author


           DIGEST  :    This bill establishes minimum standards and  
          requirements for all public retirement systems in  
          California with respect to final compensation, ongoing  
          audits with penalties for noncompliance, and prohibitions  
          against a retiree from immediately returning to employment  
          with the public employer on a part-time or contract basis.

           ANALYSIS  :    

                                                           CONTINUED





                                                               AB 1987
                                                                Page  
          2

           Existing Law

           1.Authorizes over 40 public retirement systems for the  
            state's public employees, including the California Public  
            Employees' Retirement System (PERS); the California State  
            Teachers' Retirement system (STRS); the 20 counties  
            operating retirement systems under the County Employees'  
            Retirement Law of 1937 ('37 Act) County Retirement  
            System; and independent public retirement systems, mostly  
            for cities and special districts.  These systems provide  
            defined benefit retirement allowances based on employees'  
            years of service, age at retirement, and final  
            compensation (highest paid 12 or 36 months of  
            employment).

          2.Allows public employers, through laws, rules, local  
            ordinances, and collective bargaining agreements, to pay  
            differentials, bonuses, overtime, separation pay, holiday  
            pay, and other forms of compensation in addition to base  
            pay and requires that participating employers accurately  
            and timely report to the retirement boards the amount of  
            compensation paid to employees, including special forms  
            of pay, changes in employment status, leaves, and other  
            factors that impact compensation.  

           3.Allows a retired public employee or teacher to return to  
            public employment with an employer covered by the  
            retirement system he or she retired from on a part-time  
            basis, as specified.  An employee who exceeds the limited  
            time base or earnings, as specified, may be subject to  
            reinstatement into the retirement system and reduction or  
            cessation of his or her retirement allowance or earnings.
           
           This bill:
           
           1.Makes various findings and declarations regarding the  
             manipulation of retirement benefits, including pension  
             spiking, the duties of the retirement systems to employ  
             sound and equitable principles of oversight and the  
             treatment of compensation, and the reforms intended to  
             be achieved by amending the '37 Act.

           2.Requires each retirement system to establish  
             accountability provisions for participating employers  







                                                               AB 1987
                                                                Page  
          3

             that include an ongoing audit process and penalty  
             provisions for noncompliance.

           3.Authorizes a retirement system to not include in  
             retirement calculations any compensation they determine  
             was paid for the principal purpose of enhancing a  
             member's retirement benefit.

           4.Limits cash conversions of accrued employee benefits, as  
             specified, and prohibits final settlement or termination  
             pay from being included in retirement calculations.

           5.Prohibits a retiree from returning to work as a retired  
             annuitant or as a contract employee for a period of 180  
             days after retirement.  This requirement will apply to  
             anyone retiring on and after January 1, 2012.  

           6.Limits the compensation used in retirement calculations  
             for members who are not in a group or class to the  
             average increase in compensation received during the  
             final compensation period and the proceeding two years  
             by employees in the same or related group as the member.

           7.Makes the specific statutory changes needed to bring the  
             provisions of the '37 Act into compliance with the new  
             requirements imposed on all public retirement systems by  
             this bill.  

           8.Requires the retirement boards to promulgate regulations  
             to more specifically delineate what is excluded from  
             "special compensation" and specifically require items of  
             remuneration identified by the board and consistent with  
             agreements reached in specified court cases, including  
              Ventura County Deputy Sheriffs' Assn. v. Board of  
             Retirement  (1997) 16 Cal. 4th 483 (Ventura), to be  
             included as special compensation.  (Note:   Ventura  and  
             subsequent related judicial rulings and settlement  
             agreements, which only applied to counties covered under  
             the 1937 Act Retirement Law, required various cash  
             payments in addition to base salary to be counted as  
             annual compensation.)

           9.Specifies that nothing in this bill prohibits  
             modification, through collective bargaining, of special  







                                                               AB 1987
                                                                Page  
          4

             compensation items agreed to in the  Ventura  decision.

          10.Prohibits retirees of '37 Act retirement systems,  
             charter city retirement systems and the police officers'  
             and firemen's pension system from returning to work as a  
             retired annuitant or as a contract employee for a period  
             of 180 days after retirement, effective for individuals  
             who retire on and after January 1, 2012.

          11.Defines various terms including "group or class",  
             "payrate", "salary", "special compensation", and  
             "compensation earnable" so that all retirement systems  
             will apply the terms in a consistent manner.

          12.Specifies that the provisions of the bill regarding the  
             determination of a person's final compensation shall  
             become operative on July 1, 2011.

          13.Specifies that this bill will not become operative  
             unless SB 1425 (Simitian and Correa) is also enacted.

           Related Legislation

           SB 1425 (Simitian and Correa) is a companion measure to  
          this bill and is intended to strengthen anti-spiking  
          provisions in the Teachers' Retirement Law and the Public  
          Employees' Retirement Law.  (On Assembly Third Reading)

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes    
          Local:  No

           SUPPORT  :   (Verified  8/25/10)

          California Federation of Teachers
          City of Fountain Valley (unless amended)
          Glendale City Employees Association
          Los Angeles County Employees Retirement Association
          Organization of SMUD Employees
          Peace Officers Research Association of California
          San Bernardino Public Employees Association
          San Luis Obispo County Employees Association
          Santa Rosa City Employees Association

           OPPOSITION  :    (Verified  8/25/10)







                                                               AB 1987
                                                                Page  
          5


          California Association of School Business Officials (unless  
          amended)
          California Peace Officers Association
          California Special Districts Association (unless amended)
          California State Association of Counties (unless amended)
          California State Sheriffs' Association (unless amended)
          County of Los Angeles
          Olivenhain Municipal Water District

           ARGUMENTS IN SUPPORT  :    According to the author's office,  
          "Sensible reforms will prevent abuse, level the playing  
          field and protect taxpayers.  Retirement systems have a  
          duty to protect the health of their retirement system for  
          the public employers and for the public employees who  
          depend on a secure and adequate retirement.  And the  
          Legislature has a duty to taxpayers to guard against abuses  
          that threaten the health of the system by making sure that  
          resources are used fairly and equitably.

          "AB 1987 attacks abusive practices, preventing a few  
          individuals from putting retirement at risk for the vast  
          majority of honest, hard-working public servants, and gives  
          retirement systems the tools to keep their assets safe and  
          secure.  Specifically, this bill would place the following  
          restrictions and responsibilities on all public retirement  
          systems in California:

           "A. All retirement boards will have the same power to deny  
              intentionally spiked or manipulated pension payments to  
              those few who claim them.  Employees and employers  
              would have to prove that the pension increase was  
              justified.

           "B. Employees will no longer be able to accrue years of  
              vacation time and cash it all in at the end of their  
              work to increase the base on which their pensions are  
              calculated.  The only thing that can be counted will be  
              what an employee earns within a single year.

           "C. Large severance or settlement pay for an employee  
              headed out the door to retirement will no longer be  
              allowed to be factored in towards pensions.   
              Additionally, pay raises for a single individual, such  







                                                               AB 1987
                                                                Page  
          6

              as a city manager, or Fire chief, can't be counted  
              unless others get similar raises.

           "D. Double-dipping will be addressed by prohibiting a  
              newly retired individual from returning to work without  
              re-instating and suspending their retirement allowance,  
              for an employer covered by the retirement system they  
              retired from, for at least six months, even if they  
              attempt to come back as an independent contractor.

           "E. State and local retirement systems will be required to  
              establish accountability provisions that include  
              regular audits and impose penalties for inaccurate or  
              misleading information provided by employers or  
              employees.

           "F. Provides retirement systems with the ability to  
              recalculate and reduce retirement allowances if they  
              determine that someone's reported salary, and the  
              benefit calculated based on that salary, has been  
              intentionally spiked."

           ARGUMENTS IN OPPOSITION  :    Those organizations adopting an  
          "oppose unless amended" position on the bill have raised  
          objections to requiring a 180 day break in service between  
          the date a person retires and the date he or she may return  
          to work as a paid retiree.

          The California State Association of Counties (CSAC) states  
          that "a six-month wait for every retiree is overly broad  
          and is an inappropriate interference on a local public  
          employer's ability to choose the best candidate for a job  
          and to efficiently and effectively manage resources."  CSAC  
          also believes that a better way to address pension spiking  
          abuses would be to restrict final compensation earnable to  
          base salary or wage compensation only and to statutorily  
          reverse the impacts of the  Ventura County  and subsequent  
          judicial decisions that have allowed certain collectively  
          bargained types of pay to be included in compensation..  
           

           ASSEMBLY FLOOR  : 
          AYES: Adams, Ammiano, Anderson, Arambula, Bass, Beall,  
            Blakeslee, Block, Blumenfield, Bradford, Brownley,  







                                                               AB 1987
                                                                Page  
          7

            Buchanan, Caballero, Charles Calderon, Carter, Chesbro,  
            Conway, Cook, Coto, Davis, De La Torre, De Leon, DeVore,  
            Emmerson, Eng, Evans, Feuer, Fletcher, Fong, Fuentes,  
            Fuller, Furutani, Gaines, Galgiani, Garrick, Gilmore,  
            Hagman, Hall, Harkey, Hayashi, Hernandez, Hill, Huber,  
            Huffman, Jeffries, Jones, Knight, Lieu, Logue, Bonnie  
            Lowenthal, Ma, Mendoza, Miller, Monning, Nava, Nestande,  
            Niello, Nielsen, V. Manuel Perez, Portantino, Ruskin,  
            Salas, Saldana, Silva, Skinner, Smyth, Solorio, Swanson,  
            Torlakson, Torres, Torrico, Tran, Villines, Yamada, John  
            A. Perez
          NO VOTE RECORDED: Bill Berryhill, Tom Berryhill, Norby,  
            Audra Strickland, Vacancy


          CPM:cm  8/30/10   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

                                ****  END  ****