BILL ANALYSIS                                                                                                                                                                                                    






          SENATE PUBLIC EMPLOYMENT & RETIREMENT     BILL NO: SB 581
          Patricia Wiggins, Chair      Hearing date: April 23, 2007
          SB 581 (Wiggins)     as introduced 2/22/07  FISCAL:   YES
           
          PERS:  VOLUNTEER FIREFIGHTERS LENGTH OF SERVIC AWARD:   
          SUCCESSOR ADMINISTRATOR FOR THE PROGRAM
           
           HISTORY  :

              Sponsor:  California State Firefighters Association  
          (CSFA)

              Prior legislation:  AB 2330 (Samuelian) 2004
                         Vetoed
                            SB 273 (Ray Johnson)
                         Chapter 1145 of 1979
           

          SUMMARY  :
          
          Would require the California Public Employees Retirement  
          System (PERS) Board of Administration to seek an appropriate  
          successor administrator for the Volunteer Firefighters Length  
          of Service Award program (VFLSAS).


           BACKGROUND  :  
           
          1)   What is the Volunteer Firefighters Length of Service  
          Award System (VFLSAS)  ?

          The VFLSAS was established by  Chapter 1145 of 1979  to provide  
          a means for fire departments and districts to offer a small  
          lifetime award each month to their volunteer firefighters  
           when they reach retirement age  as a recruitment and retention  
          incentive, and to thank them for their service.

           The VFLSAS is administered by the PERS Board and is funded  
          entirely by contributions from contracting fire entities and  
          the investment earnings of the Volunteer Firefighters Length  
          of Service Award Fund.
           
          2)   Who is eligible for VFLSAS  ?

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          To be eligible for benefits, a VFLSAS member must have  
          attained age 60 and have at least 10 years of volunteer  
          firefighter service.  The years of service do not have to be  
          consecutive (due to the nature of the volunteer work, many  
          members have frequent breaks in their service).







































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          3)   What are the VFLSAS benefits  ?

          The monthly VFLSAS award is $100 per month for the lifetime  
          of the member, reduced proportionately for service of less  
          than 20 years (e.g. the award is $50 for 10 years of service,  
          with an additional $5 for every year of service up to a  
          maximum of $100 with 20 years of service).

          The VFLSAS also provides a $3,000 lump sum death benefit  
          payable to the named beneficiary of any member of the system  
          with 10 years of service.


          A supplemental payment of 50% of the basic award amount, not  
          to exceed $50 per month, is authorized in statute and may be  
          added to the VFLSAS service award payment, based on an  
          actuarial analysis of the condition of the fund by the PERS  
          Board.  The supplemental payment is reviewed annually by the  
          PERS Board to ensure that it remains consistent with the  
          maintenance of adequate actuarial reserves.  A supplement was  
          paid every year from the 1993-94 to 2002-03.  The PERS Board  
          adopted no payment of the supplement for the 2007-08 plan  
          year due to  lack of adequate  funding.


          4)   Who is participating in VFLSAS  ?

          The committee is advised that, as of June 30, 2006, there  
          were 54 fire departments participating in the VFLSAS, with  
          nearly 800 active members and a total membership of 4,301  
          volunteer firefighters (this total includes active and  
          in-active firefighter members, and current VFLSAS award  
          recipients).

          128 volunteer firefighters are receiving VFLSAS monthly  
          payments ranging from $600 to $1,200 per member per year,  
          depending on length of service, and eligible for a lump-sum  
          $3,000 benefit when they die.

          5)   How is the VFLSAS funded  ?

          Annual contributions from participating fire departments and  
          interest earnings from the Volunteer Firefighters Fund (VFF)  
          pay all costs of the VFLSAS awards and the administration of  
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          the program.   There is no cost to the volunteer firefighters  .

          The PERS Board orders an annual actuarial assessment to  
          consider the number of volunteer firefighters, their ages,  
          when they are likely to start collecting awards, for how  
          long, and then determines the annual contracting department  
          contribution amount to pay for the program.

          6)   VFLSAS has been an effective recruiting tool  

          According to the sponsor, the VFLSAS has proven to be a  
          recruitment and retention success to those participating  
          departments.































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          Date: 4/19/06              Page 4 









           
           7)   What is the problem this bill seeks to address  ?

          The committee is advised that the current balance in the  
          VFLSAS fund is about $2.6 million, and has over 3,000 members  
          in over 60 participating fire departments.

          In 1998, PERS changed the methods and assumptions in  
          determining the administrative cost of the VFLSA.  The  
          result, according to the sponsor, is that the VFF was charged  
          less than $10,000 for administrative costs in 1998, while the  
          current year cost is $139,025.

          The cost to the VFLSAS per member continues to increase.  The  
          cost to the employer for each active member in fiscal year  
          2006/2007 was $340.34, but has increased to $427.73 for  
          fiscal year 2007/2008.  Active membership has decreased from  
          783 in 2006 to 726 at present.
           
          ANALYSIS  :
          
          1)   This bill  :

            a)  removes responsibility for administration of the VFLSAS  
            from the PERS Board and places it with the board of the  
            California State Fire Employees Welfare Benefit Corporation  
            (CSFEWBC),

            b)  requires the PERS Board of Administration to transfer,  
            upon request of the CSFEWBC board, data and files of the  
            VFLSAS members in its possession,

            c)  authorizes local fire departments to contract with the  
            CSFEWBC board to make their volunteer firefighters members  
            of the service award system,

            d)  requires the CSFEWBC Board of Administration to  
            maintain a benefit plan pursuant to specified provisions of  
            the Internal Revenue Code, and to select a financial  
            institution or other qualified entity to act as trustee and  
            establish a trust for the award system,

            e)  requires the CSFEWBC Board to administer the award  
            system subject to specified fiduciary duties and for the  
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            exclusive purpose of providing benefits to members of the  
            service award system,

            f)  requires the CSFEWBC Board to adopt rules and  
            regulations to administer the award system, including, but  
            not limited to, eligibility requirements for membership in  
            the award system, requirements for a member to receive an  
            award, and the amount of an award payable,

            g)  establishes a qualifications review commission for  
            purposes of determining eligibility for service award  
            benefits, and

            h)  requires a volunteer firefighter who is a member of the  
            award system and the members of the qualifications review  
            commission, as specified, to certify, under penalty of  
            perjury, that the volunteer firefighter has actively  
            participated in specified fire department activities.
           COMMENTS  :

          1)   2004 state General Fund bail out bill vetoed  

          The committee is advised that AB 2330 (Samuelian) 2004 would  
          have provided funding of up to $120,000 per year for the  
          administrative costs of the VFLSAS from the state General  
          Fund, contingent upon appropriation in the Annual Budget Act.  
           In his veto message, the Governor stated:

            "The Volunteer Firefighters Length of Service Award System  
            is a local program that has historically been financed  
            through local government participants.  The program was  
            established to provide an incentive and recruitment tool  
            for local fire departments and districts that utilize  
            volunteer firefighters by offering lifetime awards to their  
            volunteer firefighters.

            "This bill requires that the administrative costs, now  
            being paid by the local agencies for the VFLSAS program, be  
            shifted to the State.  This bill mandates funding from the   
            General Fund at a time when the State is unable to absorb  
            additional costs."

          2)   Arguments in support  

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           According to the sponsor  :

            "The ever rising cost to administer the system will  
            eventually make the system cost prohibitive.  While CalPERS  
            has been extremely supportive of this program, it has  
            become clear to CSFA as its creators, fire chiefs, and even  
            CalPERS Board members and staff that the program should not  
            have been legislatively created to be administered by  
            CalPERS.  The VFLSAS is not a retirement program, it a  
            small stipend award that more closely resembles a Rabbi  
            Trust and 457 plan.  The future of the program relies on  
            its growth, but due to the high administrative cost, the  
            program has become stagnant.

            "The most recent CalPERS Actuarial Valuation presented to  
            the Legislature and Governor dated April 18, 2007 states,  
            "?the report shows the development of the actuarially  
            required employer contribution per active plan member for  
            the fiscal year July 1, 2007 to June 30, 2008.  This amount  
            is $427.73 as compared to $340.34 for the previous fiscal  
            year.

            "After working with the CalPERS staff for over four years  
            trying to research ways to save the program, we have all  
            come to determine that this very worthy program can no  
            longer be administered in its current form."

          3)   SUPPORT  :

               County of Mendocino

          4)   OPPOSITION  :
           
               None to date                                              
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          David Felderstein
          Date: 4/19/06              Page 7