BILL NUMBER:  SB 350
  VETOED	DATE: 09/07/2011




To the Members of the California State Senate:

I am returning Senate Bill 350 without my signature.

This bill allows CalPERS, for certain local government members, to
combine three survivor benefit levels into the level with the highest
benefit and to suspend employee premiums.

Although the benefits increased by this bill are funded by
substantial excess reserves, the changes this bill makes should be
part of a more comprehensive pension reform.

Sincerely,



Edmund G. Brown Jr.