BILL ANALYSIS                                                                                                                                                                                                    



                                                                  SB 220
                                                                  Page  1

          Date of Hearing:   August 14, 2013

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                  Mike Gatto, Chair

                     SB 220 (Beall) - As Amended:  June 17, 2013 

          Policy Committee:                             PERSS Vote:6-0

          Urgency:     No                   State Mandated Local Program:  
          No     Reimbursable:              

           SUMMARY  

          This bill makes various technical corrections and amendments to  
          align the Public Employees' Retirement Law (PERL) and other laws  
          administered by the California Public Employees' Retirement  
          System (CalPERS) with the provisions of the Public Employees'  
          Pension Reform Act of 2013 (PEPRA), as enacted by AB 340  
          (Furutani), Chapter 296, Statutes of 2012.  

           FISCAL EFFECT  

          The administrative costs of this bill to CalPERS are minor and  
          absorbable.  The bill should help state and local governments  
          realize savings from enactment of PEPRA.

           COMMENTS  

           1)Purpose  .  According to the author, this bill makes conforming  
            changes to the PERL, Legislators Retirement Law and the  
            Judges' Retirement Law to help implement the newly enacted  
            pension reform legislation.  The author states the proposed  
            changes are technical in nature and will better align CalPERS'  
            processes and statutes to the new pension reform laws and to  
            the pension reform clean-up legislation presently being  
            considered by the Legislature.  The proposed changes are not  
            intended to alter the intent or the provisions of the Public  
            Employees' Pension Reform Act of 2013 and related pension  
            reform statutes.  The author argues without these changes,  
            CalPERS' pension reform implementation efforts may become  
            delayed or subject to unnecessary challenge.

           2)Sponsor  .  According to CalPERS, the sponsor, SB 220 is a  
            technical clean-up bill to implement the provisions of PEPRA.   








                                                                  SB 220
                                                                  Page  2

            CalPERS states this bill is intended to bring the statutes  
            administered by CalPERS into conformity with the requirements  
            of PEPRA and they intend the provisions in SB 220 to be  
            primarily technical and non-controversial.
           
            3)There is no registered opposition to this bill.
           
           

          Analysis Prepared by  :    Roger Dunstan / APPR. / (916) 319-2081