BILL ANALYSIS                                                                                                                                                                                                    



                                                                       



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          |SENATE RULES COMMITTEE            |                  AB 1354|
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                                    CONSENT


          Bill No:  AB 1354
          Author:   Fong (D)
          Amended:  6/24/10 in Senate
          Vote:     21

           
           SENATE PUBLIC EMP. & RET. COMMITTEE  :  6-0, 6/28/10
          AYES:  Correa, Ashburn, Corbett, Ducheny, Hollingsworth,  
            Liu

           ASSEMBLY FLOOR  :  73-0, 5/14/09 - See last page for vote


           SUBJECT  :    County employees retirement

           SOURCE  :     State Association of County Retirement Systems


           DIGEST  :    This bill brings state laws governing the County  
          Employees' Retirement Law of 1937 ('37 Act) into conformity  
          with federal laws regarding public employees who die while  
          serving on active military duty, and make other clarifying  
          changes to bring the statutes into conformity with federal  
          Internal Revenue code provisions.

           ANALYSIS :    

          Existing '37 Act law:

          1.Requires the board of retirement of a '37 Act retirement  
            system to adjust the payment of benefits from the system  
            to members as necessary in order to maximize the benefits  
            available to members who are subject to Internal Revenue  
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            Code Section 415 limits.

          2.Provides that those adjustments include, but are not  
            limited to, cost-of-living adjustments, cost-of-living  
            banks, temporary annuities, or survivor continuance  
            benefits.

          3.Provide death benefits for active employees who die prior  
            to retirement and while in active service that are based  
            on factors such as years of service, and age and  
            compensation at the time of death.

          Existing federal law:

          The HEART Act, requires that the survivors of a public  
          employee who is killed while on active military service  
          must receive whatever benefits would have been paid had the  
          employee died from non-industrial causes while actively  
          employed.

          This bill:

          1.Prohibits the amount payable, including cost-of-living  
            adjustments, to a member of a county retirement system  
            being operated under the '37 Act from exceeding the  
            Internal Revenue code Section 415 limits, as specified.

          2.Specifies that adjustments to the Internal Revenue Code  
            Section 415 limits continue to apply after a member's  
            severance from employment or annuity starting date.

          3.Specifies that the survivors of an employee who dies  
            while on active military duty shall receive the benefits  
            that would have been due had the employee reinstated,  
            following the military duty, into active service and then  
            died from non-work related causes.

          4.Specifies that the death benefits shall not include  
            benefit accruals occurring during the period of military  
            service, but that the military service time will be  
            credited for purposes of vesting.

          5.Clarifies that this provision is effective for death  
            occurring on or after January 1, 2007, the effective date  

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            of the HEART Act.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  No    
          Local:  No

           SUPPORT  :   (Unable to verify time of writing)

          State Association of County Retirement Systems (source)
          American Federation of State, County and Municipal  
          Employees, AFL-CIO
          Association of Los Angeles Deputy Sheriffs
          Los Angeles Probation Officers' Union, AFSCME, Local 685
          Orange County Professional Firefighters Association, IAFF  
          Local 3631

           ARGUMENTS IN SUPPORT  :    According to the author, the State  
          Association of County Retirement Systems is in the process  
          of reviewing the '37 Act body of law for areas where the  
          '37 Act may not comply precisely with the federal and  
          Internal Revenue Code laws.

          This bill conforms to Internal Revenue Service rules for  
          compliance with Internal Revenue Code Section 415  
          distributions and conforms to the HEART Act with regard to  
          public employees who die while on leave to perform active  
          military duty.


           ASSEMBLY FLOOR  : 
          AYES:  Adams, Anderson, Arambula, Beall, Bill Berryhill,  
            Tom Berryhill, Blakeslee, Block, Blumenfield, Brownley,  
            Buchanan, Caballero, Charles Calderon, Carter, Chesbro,  
            Conway, Cook, Coto, Davis, De La Torre, De Leon, DeVore,  
            Duvall, Emmerson, Eng, Evans, Feuer, Fletcher, Fong,  
            Fuller, Furutani, Galgiani, Gilmore, Hagman, Hall,  
            Harkey, Hayashi, Hernandez, Hill, Huber, Huffman,  
            Jeffries, Jones, Knight, Krekorian, Lieu, Logue, Bonnie  
            Lowenthal, Ma, Mendoza, Miller, Monning, Nava, Nestande,  
            Niello, Nielsen, John A. Perez, V. Manuel Perez,  
            Portantino, Price, Ruskin, Salas, Silva, Skinner,  
            Solorio, Audra Strickland, Swanson, Torlakson, Torres,  
            Torrico, Tran, Villines, Yamada
          NO VOTE RECORDED:  Ammiano, Fuentes, Gaines, Garrick,  
            Saldana, Smyth, Bass

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                                                               AB 1354
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          CPM:cm  6/30/10   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

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