BILL ANALYSIS                                                                                                                                                                                                    






          SENATE PUBLIC EMPLOYMENT & RETIREMENT    BILL NO:  SB 414
          Lou Correa, Chair          Hearing date: January 11, 2010
          SB 414 (Correa)    as introduced  2/26/09     FISCAL:  NO



           HISTORY :            

              Sponsor: California Retired County Employees Association  
          (CRCEA)  
                      California Professional Firefighters (CPF)


              Prior legislation:  AB 2526 of 2008 (Berryhill)

           
          SUMMARY  : 
          
          Makes various changes to the process for filling vacancies on  
          boards of retirement and boards of investment in counties  
          operating  retirement systems under the County Employees'  
          retirement Law of  1937 ('37 Act).

                

           BACKGROUND AND ANALYSIS  : 
          
          Existing County Employees Retirement Law of 1937 ('37 Act)  
          sets forth the composition of the nine-member board of  
          retirement for any '37 Act county retirement system, as  
          follows:
                    
            a)  the county treasurer,

            b)  two general (non-safety) members elected by the general  
            members of the system (2nd and 3rd members),

            c)  four members who are qualified electors not in any way  
            connected with county government, except one may be a  
            county supervisor, appointed by the board of supervisors  
            (4th, 5th, 6th and 9th members),

            d)  one safety member elected by the safety members of the  
          Dan Rounds
          Date: 1/07/10                                          Page 1  










            system (7th member), and

            e)  one retired member elected by the retired members of  
            the system (8th member).





































          Dan Rounds
          Date: 1/07/10                                          Page 2  










                    
           Existing law  provides for an alternate member who is the  
          candidate for the 7th member from the group of safety members  
          that is not represented by the board member who received the  
          highest number of votes for all candidates in that group.   
          Unless prohibited by the board, the alternate member may  
          participate in the deliberations at periodic meetings of the  
          county board of retirement and, unless prohibited by a  
          resolution or regulation, has the same rights, privileges,  
          responsibilities, and access to closed sessions as other  
          specified board members.

           This bill  names the alternate member who is the candidate for  
          the 7th member, as specified, as the "alternate 7th member".
                    
           Existing law  prescribes the manner of appointing an alternate  
          retired member for the 8th member of the board of retirement.  
           If there is a vacancy with respect to the 8th member the  
          alternate retired member is required to fill the vacancy  
          until a successor qualifies.  The alternate retired member is  
          authorized to hold positions on committees of the board  
          independent of the 8th member and to participate in the  
          deliberations of the board or its committees regardless of  
          whether the 8th member is present, unless prohibited by the  
          board.

           This bill  specifies that if there is a vacancy with respect  
          to the 8th member, the alternate retired member will fill the  
          vacancy for the remainder of the 8th member's term in office.

          This bill also revokes the authority of a board of retirement  
          to prohibit, by resolution or regulation, an alternate  
          member's ability to participate in the deliberations of the  
          board or its committees.

           Existing law  provides that if a vacancy on the board occurs  
          for any cause or on the expiration of the term of office of  
          any member, a successor shall be chosen in the same manner as  
          was his predecessor, except that if an election to fill a  
          vacancy for the 2nd, 3rd, 7th or 8th member has been called   
          and only one member has been duly nominated, the board of  
          supervisors shall order that no election be held and shall  
          direct the clerk to cast a unanimous ballot in favor of such  
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          Date: 1/07/10                                          Page 3  










          nominated member.

           This bill  revises and recasts provisions governing the  
          process for filling vacancies on both the boards of  
          retirement and boards of investment to provide the following:

             1.   For vacancies in the 5th, 6th, 7th, or 9th member  
               positions, the board of supervisors is required to  
               appoint a replacement for the duration of the current  
               term forthwith.  For vacancies in the 7th member  
               position, candidates will be a safety member from a  
               group which is not represented by an incumbent alternate  
               seventh member.  The successful candidate will serve for  
               the duration of the current term.

             2.   For vacancies in the 2nd, 3rd, 4th, or 8th (if there  
               is no alternate retired member), the board is required  
               to cause an election to be held at the earliest possible  
               date to fill the vacancy.  These vacancies will be  
               filled for the remainder of the current term unless only  
               six months or less remain of that term, in which case  
               the successful candidate will serve for the remainder of  
               the term and for the succeeding term.

             3.   For vacancies with respect to the alternate retired  
               member position, the board of retirement is required to  
               appoint a replacement alternate member, in the same  
               manner as prescribed for the initial appointment of an  
               alternate retired member.

             4.   If an election has been called due to the expiration  
               of the term of office of any member or to fill a vacancy  
               for the 2nd, 3rd, 7th, 8th or alternate 7th member of a  
               board of retirement, or for the 2nd, 3rd, 4th or 8th  
               member positions on a board of investment, and only one  
               candidate has been duly nominated, the board of  
               supervisors shall order that no election be held and  
               shall direct the clerk to cast a unanimous ballot in  
               favor of such nominated candidate.



           COMMENTS  :
          Dan Rounds
          Date: 1/07/10                                          Page 4  











          1)   Arguments in support  

          According to the author, nothing in statute requires the  
          board of supervisors or county board of retirement, as  
          applicable, to expeditiously fill vacancies on the board of  
          retirement.  This can affect the board's ability to obtain a  
          quorum for official meetings.  It can also deny the various  
          stakeholders of the retirement system proper representation  
          on the board.  The sponsor also notes that alternate board  
          members have the same fiduciary responsibility and
          liability as regular board members.  Therefore, it is  
          necessary that no potential limitation to their activities  
          exist.

          In order to carry out their responsibilities they must be  
          involved in, and have access to, every aspect of the board's  
          business so that when called upon to vote, they possess all  
          of the same information as regular board members.


          2)   OPPOSITION  :

               None to date



               










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          Dan Rounds
          Date: 1/07/10                                          Page 5