BILL ANALYSIS                                                                                                                                                                                                    �



                                                                      



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          |SENATE RULES COMMITTEE            |                  AB 1248|
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                                 THIRD READING


          Bill No:  AB 1248
          Author:   Hueso (D)
          Amended:  6/30/11 in Senate
          Vote:     21

           
           SENATE PUBLIC EMPLOY. & RETIRE. COMMITTEE :  3-2, 6/27/11
          AYES:  Negrete McLeod, Padilla, Vargas
          NOES:  Walters, Gaines

           ASSEMBLY FLOOR  :  52-24, 5/27/11 - See last page for vote


           SUBJECT  :    Local public employees retirement 

           SOURCE  :     Author


           DIGEST  :    This bill requires (1) all local public 
          employers to provide Social Security coverage to any 
          employee not covered under a defined retirement plan, (2) 
          grandfathers in an employer's alternate benefit plan for 
          part-time, seasonal, and temporary employees in place on 
          July 1, 2011, and (3) grandfathers an employers' defined 
          contribution plan in place on July 1, 2011.

           ANALYSIS  :    

           Existing State Law

           1.Creates public retirement systems for public employees, 
            which, in general, provide defined benefits that are 
            calculated by multiplying a member's age factor, years of 
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            service, and highest average compensation, as specified 
            by the retirement system.

          2.Specifies that a defined benefit is paid as a retirement 
            allowance for the member-retiree's lifetime and, as an 
            option to the member, the lifetime of his or her survivor 
            at a reduced actuarial amount.
           
           3.Requires that an employee who works at a 50 percent or 
            higher time base must be included in the employer's 
            defined benefit retirement plan.

           Existing Federal Law
           
          1.Requires that employees be mandatorily included in the 
            Federal Old Age and Survivor's Insurance (i.e., Social 
            Security) unless they are members of a public retirement 
            system.

          2.Requires a public employer that does not provide Social 
            Security to provide a retirement benefit meeting minimum 
            standards, as specified by federal regulation.
           
           3.Allows public employees to contract to provide Social 
            Security coverage for their employees.

          This bill requires (1) all local public employers to 
          provide Social Security coverage to any employee not 
          covered under a defined retirement plan, (2) grandfathers 
          in an employer's alternate benefit plan for part-time, 
          seasonal, and temporary employees in place on July 1, 2011, 
          and (3) grandfathers an employers' defined contribution 
          plan in place on July 1, 2011.

           Background

          Who has Social Security  ?  
           
            ------------------------------------------------------------ 
           |         SS Coverage         |        No SS Coverage        |
           |-----------------------------+------------------------------|
           |State Miscellaneous and      |State Safety, Peace Officer/  |
           |Industrial                   |Firefighter, Patrol           |
           |Including Judicial and       |                              |

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           |Legislative                  |                              |
           |Branches                     |                              |
           |-----------------------------+------------------------------|
           |School Classified Employees  |Teachers                      |
           |-----------------------------+------------------------------|
           |Most Local Miscellaneous or  |Some Local Miscellaneous      |
           |General Members              |Members                       |
           |-----------------------------+------------------------------|
           |Some Local Safety Members    |Most Local Safety Members     |
           |                             |                              |
            ------------------------------------------------------------ 

          As noted above, most local public employers have programs 
          similar to the state employee program in which 
          miscellaneous or general employees are included in Social 
          Security, and safety employees are not.  However, some 
          local employers have opted to cover all employees under 
          Social Security (including Safety employees) and some local 
          employers have opted to stay out of Social Security 
          entirely for all employees (even General or Miscellaneous 
          employees).

          Up until 1951, public employees were not included in Social 
          Security.  In 1951, states were given the option of 
          including employees in Social Security.  In 1991, federal 
          laws changed once more, and all employees have since then 
          been required to be covered by Social Security unless they 
          are public employees and covered under a pension plan that 
          meets the minimum federal requirements for coverage.  The 
          federal laws, however, do not require that the coverage be 
          under a traditional defined benefit plan.

           Comments

          Need for the Bill  .  According to the author's office, "In 
          1981, San Diego determined to opt out of Social Security 
          and provide its employees its own defined benefit pension 
          plan.  Today, San Diego would like to eliminate the defined 
          benefit pension plan by vote of the people and replace it 
          with a 401(k) plan?Volatility in the stock market raises 
          concerns about the security of defined contribution 
          retirement systems.  This volatility becomes an even larger 
          concern for workers who would not be covered under the 
          federal Social Security system.

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          "Allowing local governments to offer a 401(k) only 
          retirement system will leave workers without a financial 
          safety net in their retirement years and will shift the 
          burden to the state in the long-run.  If retired workers 
          require health services, Medi-Cal will have to step in.  
          Our state's budget for Medi-Cal today is $41 billion, $13 
          billion of which comes directly from the state's general 
          fund.  If workers do not have enough money in their 401(k) 
          when they retire, as is common with 401(k) plans, 
          California will have to supplement their income through our 
          already burdened SSI/SSP program.  These costs are 
          currently $2.7 billion and already represent the highest 
          figures in the nation.  Allowing California workers to 
          participate in the Social Security System will protect them 
          in the future."

           Part-time, Seasonal, and Temporary Employees  .  One group of 
          employees does not fit neatly into this either/or scenario. 
           Part-time, seasonal, and temporary employees often do not 
          work enough hours to be included in the public employer's 
          defined benefit plan.  Some of those employers do not 
          provide Social Security either.  In such cases, the 
          employer must provide an alternate retirement plan that 
          meets federal requirements.  For example, the State 
          Teachers' Retirement System administers the Cash Benefit 
          Program for part-time teachers, which is separate and 
          different from the main defined benefit plan, and may be 
          paid at retirement as a lifetime annuity or as a lump-sum.  
          Similarly, the Department of Personnel Administration 
          administers an alternate retirement plan for part-time, 
          seasonal, and temporary state employees.

          Some alternate retirement plans are provided in addition to 
          Social Security, and some are stand-alone programs offered 
          in lieu of Social Security.

          This bill could have the effect of forcing those employers 
          who only have alternate plans for their part-time, 
          seasonal, and temporary employees to provide social 
          Security benefits as well.

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

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           SUPPORT  :   (Per Senate Public Employment and Retirement 
          Committee analysis)

          American Federation of State, County and Municipal 
          Employees, AFL-CIO
          California Alliance for Retired Americans
          California Labor Federation
          California Professional Firefighters
          California School Employees Association, AFL-CIO
          California Teamsters Public Affairs Council
          Glendale city Employees Association
          Organization of SMUD Employees
          Peace Officers Research Association of California
          San Bernardino Public Employees Association
          San Diego and Imperial Counties Labor Council
          San Luis Obispo County Employees Association
          Santa Rosa City Employees Association
          United Nurses Association of California/Union of Health 
          Care Professionals

           OPPOSITION  :    (Per Senate Public Employment and Retirement 
          Committee analysis)

          California State Association of Counties (oppose unless 
          amended)
          Los Angeles County Board of Supervisors
          Regional Council of Rural Counties

           ARGUMENTS IN SUPPORT  :    The California School Employees 
          Association supports AB 1248, stating "The current economic 
          recession has made it increasingly clear that a 401(k) 
          system does not provide a secure retirement savings because 
          they can be deleted or wiped out.  AB 1248 provides a 
          sensible requirement to ensure that public employees who 
          dedicated their lives to the betterment of our schools, 
          city and state have access to a meaningful retirement 
          system."

           ARGUMENTS IN OPPOSITION  :    Writing in opposition, the 
          California State Association of Counties (CSAC) states, 
          "Some part-time, seasonal, and temporary employees are not 
          in Social Security and have optional retirement plans that 
          are separate and different from the traditional defined 

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          benefit plans.   
           

           ASSEMBLY FLOOR  :  52-24, 5/27/11
          AYES:  Achadjian, Alejo, Allen, Ammiano, Atkins, Beall, 
            Bill Berryhill, Block, Blumenfield, Bonilla, Bradford, 
            Brownley, Buchanan, Butler, Charles Calderon, Campos, 
            Carter, Cedillo, Chesbro, Davis, Dickinson, Eng, Feuer, 
            Fong, Furutani, Galgiani, Gatto, Gordon, Hall, Hayashi, 
            Roger Hern�ndez, Hill, Huber, Hueso, Huffman, Lara, 
            Bonnie Lowenthal, Ma, Mendoza, Mitchell, Pan, Perea, V. 
            Manuel P�rez, Portantino, Skinner, Solorio, Swanson, 
            Torres, Wieckowski, Williams, Yamada, John A. P�rez
          NOES:  Conway, Cook, Donnelly, Beth Gaines, Garrick, Grove, 
            Hagman, Halderman, Harkey, Jeffries, Jones, Knight, 
            Logue, Mansoor, Miller, Morrell, Nestande, Nielsen, 
            Norby, Olsen, Silva, Smyth, Valadao, Wagner
          NO VOTE RECORDED:  Fletcher, Fuentes, Gorell, Monning


          CPM:cm  6/30/11   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

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