BILL ANALYSIS                                                                                                                                                                                                    Ó



                                                                    AB 2375


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          Date of Hearing:  May 11, 2016


                        ASSEMBLY COMMITTEE ON APPROPRIATIONS


                               Lorena Gonzalez, Chair


          AB  
          2375 (Committee on Public Employees, Retirement / Soc Sec) - As  
          Amended May 4, 2016


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          |Policy       |Public Employees,              |Vote:|7 - 0        |
          |Committee:   |Retirement/Soc Sec             |     |             |
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          |             |                               |     |             |
          |-------------+-------------------------------+-----+-------------|
          |             |                               |     |             |
          |             |                               |     |             |
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          Urgency:  No  State Mandated Local Program:  NoReimbursable:  No


          SUMMARY:


          This bill makes various technical changes related to the  
          California Public Employees' Retirement System (CalPERS) and the  
          California State Teachers' Retirement System (CalSTRS), and the  
          State Controller's Office (SCO).  











                                                                    AB 2375


                                                                    Page  2







          FISCAL EFFECT:





          No additional state costs


          COMMENTS:


          Purpose. This bill is the annual Assembly Committee on Public  
          Employees, Retirement, and Social Security's "housekeeping"  
          legislation that provides technical, non-controversial, and  
          cost-neutral amendments to portions of the Government Code that  
          affects CalPERS, CalSTRS, and SCO. The bill is sponsored by  
          CalPERS.  


          Analysis Prepared by:Luke Reidenbach / APPR. / (916)  
          319-2081