BILL NUMBER: AB 961	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Mansoor

                        FEBRUARY 18, 2011

   An act relating to retirement.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 961, as introduced, Mansoor. Retirement: reform.
   The State Teachers' Retirement System, the Public Employees'
Retirement System, and the Judges' Retirement System and the Judges
Retirement System II provide pension benefits based in part upon
credited service. Under existing law, counties and districts, as
defined, may provide retirement benefits to their employees pursuant
to the County Employees Retirement Law of 1937.
   This bill would declare the intent of the Legislature to enact
legislation that would reform public retirement systems.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


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

  SECTION 1.  It is the intent of the Legislature to enact
legislation that would reform public retirement systems.