BILL ANALYSIS Ó
AB 1458
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Date of Hearing: March 28, 2012
ASSEMBLY COMMITTEE ON PUBLIC EMPLOYEES, RETIREMENT AND SOCIAL
SECURITY
Warren T. Furutani, Chair
AB 1458 (Huber) - As Introduced: January 9, 2012
SUBJECT : Joint Legislative Retirement Committee.
SUMMARY : Deletes the Joint Legislative Retirement Committee
(JLRC) from statute.
EXISTING LAW establishes the JLRC. The JLRC was created in 1963
to, "?study and review the benefits, programs, actuarial
condition, practices, investments and procedures of, and all
legislation relating to the retirement system for public
officers and employees in this state and the trends and
developments in the field of retirement."
FISCAL EFFECT : Unknown.
COMMENTS : According to the author, "California is a complex
and dynamic state that needs support of a responsive government.
It is imperative that entities no longer of use to the people
are removed from statute to ensure that government is
streamlines, efficient, and effective."
The author goes on to point out that the JLRC has not met in at
least 20 years and that this is one of five bills sponsored by
Assemblymember Huber relative to deleting nonexistent government
entities. The other measures are AB 737, AB 1457, AB 1459, and
AB 1460.
At the end of the last legislative year, the Joint Conference
Committee on Public Employee Pensions was created and tasked
with crafting "?responsible, comprehensive legislation to reform
state and local pension systems in a manner that reflects both
the legitimate needs of public employees and the fiscal
circumstances of state and local governments." Additionally,
public retirement issues are currently under the jurisdiction of
this Committee and the Senate Committee on Public Employment and
Retirement.
REGISTERED SUPPORT / OPPOSITION :
AB 1458
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Support
None on file
Opposition
None on file
Analysis Prepared by : Karon Green / P.E., R. & S.S. / (916)
319-3957