BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 1477
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          Date of Hearing:   April 22, 2009

            ASSEMBLY COMMITTEE ON PUBLIC EMPLOYEES, RETIREMENT AND SOCIAL  
                                      SECURITY
                                 Ed Hernandez, Chair
               AB 1477 (Krekorian) - As Introduced:  February 27, 2009
           
          SUBJECT  :   Public employees' retirement: postretirement death  
          benefits.

           SUMMARY  :   Specifically,  this bill  increases the postretirement  
          death benefit paid to the beneficiary of a school member of the  
          California Public Employees' Retirement System (CalPERS) from  
          $2,000 to $6,163.

           EXISTING LAW  :

          The California Public Employees' Retirement Law provides varying  
          levels of death benefits according to membership category and  
          status, each providing a "lump-sum" of money to survivors at the  
          time of the member's death. The original lump-sum death benefit  
          of $300 for all retired CalPERS members was enacted in 1945.   
          However, over the years, the Legislature began to provide  
          different benefit levels to different categories of members:  
          state, school, local, Judges' Retirement Systems (JRS and JRS  
          II), Legislators' Retirement System (LRS), active, and retired. 

          Currently, state and school members have a retiree death benefit  
          of $2,000. School employers also have the ability to amend their  
          individual contracts with CalPERS to provide enhanced retiree  
          death benefits of $3,000, $4,000 or $5,000. Local members have a  
          minimum benefit of $500, with an option to provide up to $5,000  
          through contract amendment. Members of JRS have no retiree  
          burial benefit, while members of LRS receive $600.

          The California State Teachers' Retirement System currently  
          provides a lump sum death payment for survivors of retired  
          members of $6,163.  The amount of the death payment may be  
          adjusted by the Teachers' Retirement Board following each  
          actuarial valuation based on changes to the All Urban California  
          Consumer Price Index.

           FISCAL EFFECT  :   Unknown.

           COMMENTS  :   According to the National Funeral Directors  








                                                                  AB 1477
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          Association, the average cost of a regular adult funeral (not  
          including cemetery costs, grave space, monuments or markers, or  
          other miscellaneous costs such as obituaries or flowers) in 2006  
          was $6,195.

          According to the sponsor, the California Federation of Teachers,  
          "School members of CalPERS should be provided a death benefit  
          that would offset the costs associated with a funeral.   
          Survivors of classified school members of CalPERS bear the same  
          funeral costs as other public servants and as such should  
          receive an equitable benefit as other public employees.  AB 1477  
          remedies this existing inequity by providing them the exact  
          death benefit amount provided to other educators."

          AB 2688 (Alquist) of 2002, would have increased the various  
          death benefits paid to all members and retirees in the  
          retirement systems administered by CalPERS to $7,500. This bill  
          was held in the Assembly Appropriations Committee.
          AB 50 (Migden), Chapter 947, Statutes of 2000, raised the death  
          benefit for retired school members from $600 to $2,000.

          AB 1829 (Correa) of 2000, would have increased the death benefit  
          for both state and school members who retired prior to July 3,  
          2001 to $5,000.  This bill was held in the Assembly  
          Appropriations Committee.

          AB 1640 (Migden), Chapter 296, Statutes of 1998, authorized  
          school employers and contracting agencies the option to amend  
          their contract to provide a $2,000, $3,000, $4,000, or $5,000  
          lump sum retired member death benefit.

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          California Federation of Teachers (Sponsor)
          California School Employees Association
          California Teachers Association

           Opposition 
           
          None on file
           
          Analysis Prepared by  :    Karon Green / P.E., R. & S.S. / (916)  
          319-3957 








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