BILL NUMBER: AB 992	INTRODUCED
	BILL TEXT


INTRODUCED BY   Committee on Public Employees, Retirement, and Social
Security (Assembly Members Bonta (Chair), Cooley, Jones-Sawyer, O'
Donnell, and Rendon)

                        FEBRUARY 26, 2015

   An act to amend Section 31760 of the Government Code, relating to
county employees' retirement.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 992, as introduced, Committee on Public Employees, Retirement,
and Social Security. County Employees Retirement Law of 1937:
disability retirement: modification of allowance.
   The County Employees Retirement Law of 1937 (CERL) authorizes
counties to establish retirement systems pursuant to its provisions
in order to provide pension benefits to county and district
employees. CERL permits a member or retired member to modify his or
her election of a specific retirement allowance until the first
payment of any retirement allowance is made. CERL permits a member
who is eligible to retire for service to do so when an application
for disability retirement is pending and provides that the type of
retirement allowance selected at the time of retirement for service
is not binding if the member is awarded a disability retirement.
   This bill would specify that a member who applies for disability
and is granted a service retirement pending a determination of
disability may change the type of allowance that he or she elected at
the time of the service retirement, as specified.
   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.  Section 31760 of the Government Code is amended to
read:
   31760.   Until   (a)    
Except as provided in subdivision (b), until  the first payment
of any retirement allowance is made, a member or retired member, in
lieu of the retirement allowance for  his   the
member's  life alone, may elect to have the actuarial equivalent
of his  or her  retirement allowance as of the date of
retirement applied to a lesser retirement allowance payable
throughout life in accordance with one of the optional settlements
specified in this article. 
   (b) Notwithstanding subdivision (a), a member who applies for
disability and is subsequently granted a service retirement pending a
determination of entitlement to disability may change the type of
optional or unmodified allowance that he or she elected at the time
the service retirement was granted, subject to the provisions of
Section 31725.7.