BILL ANALYSIS                                                                                                                                                                                                    



                                                                       



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          |SENATE RULES COMMITTEE            |                   SB 752|
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                                 THIRD READING


          Bill No:  SB 752
          Author:   Wiggins (D)
          Amended:  5/28/09
          Vote:     21

           
           SENATE PUBLIC EMP. & RET. COMMITTEE  :  7-0, 4/27/09
          AYES:  Correa, Ashburn, Benoit, Ducheny, Liu, Padilla,  
            Wiggins

           SENATE APPROPRIATIONS COMMITTEE  :  12-0, 5/28/09
          AYES:  Kehoe, Cox, Corbett, Denham, DeSaulnier, Hancock,  
            Leno, Oropeza, Runner, Walters, Wyland, Yee
          NO VOTE RECORDED:  Wolk


           SUBJECT  :    Public employees retirement:  Solano County

           SOURCE :     Solano County Board of Supervisors


           DIGEST  :    This bill specifies that before a county issues  
          a pension obligation bond, the court and county will  
          jointly approve and submit a list that designates the  
          employer of all affected employees to the Public Employees'  
          Retirement System (PERS).  After PERS prepares a  
          computation of assets and liabilities, the county and court  
          will enter into a written agreement that contains terms by  
          which the court will remit funds to the county subsequent  
          to the issuance of any future pension obligation bond.

           ANALYSIS  :    Existing PERS law requires that, in the case  
          of a trial court located within a county contracting with  
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          PERS for retirement benefits, the trial court and the  
          county must participate under a joint contract with PERS,  
          resulting in pooled assets and liabilities, a single  
          employer contribution rate and a single benefit package.

          AB 233 (Escutia), Chapter 850, Statutes of 1997, created  
          the Task Force on Trial Court Employees and altered the  
          funding mechanism for local trial courts, transferring  
          funding responsibility from the counties to the state.

          Proposition 220 of 1998 authorized the voluntary  
          unification of each county's superior and municipal courts  
          into a one-tier trial court system.

          SB 2140 (Burton), Chapter 1010, Statutes of 2000, granted  
          the courts the status of independent employers, making  
          trial court staff member employees of the courts.  Prior to  
          SB 2140, the trial court staffs were county employees.  SB  
          2140 included provisions addressing retirement, health  
          benefits, and Social Security coverage.

          This bill, before the 5/28/09 amendments, applied only to  
          Solano County.  Information furnished to the Senate Public  
          Employment and Retirement Committee by Solano County  
          indicates that the courts now function independently of the  
          counties in many respects.  They provide their own capital  
          needs, devise and fund their own budgets, maintain their  
          own checking accounts, etc.

          The Solano County Board of Supervisors believes that other  
          functions, such as retirement functions, should also be  
          administered by the courts.

          In 2004, Solano County issued pension obligation bonds to  
          pay off its unfunded liabilities.  This significantly  
          reduced the county's employer contribution rates for  
          benefits contracted with PERS, which are calculated  
          according to the amounts needed to amortize any unfunded  
          liability.  Since the assets and liabilities of the trial  
          court and the county are currently pooled, the employer  
          contribution rate for the trial courts was also  
          significantly reduced as a result of the pension bonds,  
          even though the pension bonds did not reduce the unfunded  
          liability of court employees.  Consequently, the state  







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          realized a significant reduction, though unwarranted, in  
          employer contributions as a result of the county pension  
          bonds.  Separating the assets and liabilities of Solano  
          County and the trial court employees would result in the  
          trial court employees contracting separately with PERS and,  
          therefore, paying a higher employer contribution rate.

          There are currently 38 counties contracting with PERS for  
          retirement benefits.  Although Solano and butte Counties  
          both issued pension obligation bonds to reduce their  
          liabilities to the retirement system, it is not known how  
          many counties may issue bonds in the future.  With the  
          5/28/09 amendments, it should assist the counties.

          The author's office indicates the following were involved  
          in the 5/28/09 amendments:  Solano County, PERS, Judicial  
          Council and SEIU.

           Similar Legislation
           
          This bill is similar to SB 73 (Aanestad) which would have  
          required that the assets and liabilities of Butte County  
          and Solano County and their respective trial courts be kept  
          in separate accounts under their existing joint contract.   
          That bill was held on the Assembly Appropriations Suspense  
          File.

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

           SUPPORT  :   (Verified  5/29/09)

          Solano County Board of Supervisors (source)


          DLW:cm  5/29/09   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

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