BILL NUMBER: SB 503	ENROLLED
	BILL TEXT

	PASSED THE SENATE  SEPTEMBER 8, 2011
	PASSED THE ASSEMBLY  SEPTEMBER 7, 2011
	AMENDED IN ASSEMBLY  SEPTEMBER 1, 2011
	AMENDED IN ASSEMBLY  JULY 6, 2011

INTRODUCED BY   Senator Vargas

                        FEBRUARY 17, 2011

   An act to amend Section 75506.5 of the Government Code, relating
to judges' retirement.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 503, Vargas. Judges' retirement.
   The Judges' Retirement System II Law authorizes any judge to
elect, by written election filed with the board at any time prior to
retirement, to make contributions, and receive service credit for,
all of the time he or she served as a full-time subordinate judicial
officer, prior to becoming a judge, excluding any period of time for
which the judge is receiving, or is entitled to receive, a retirement
allowance from any other public retirement system.
   This bill would limit that written election to a one-time written
election. The bill would also authorize the judge to make
contributions to, and receive service credit for, any number of whole
years or all of the time he or she served as a full-time subordinate
judicial officer.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 75506.5 of the Government Code is amended to
read:
   75506.5.  (a) Any judge may make a one-time written election,
filed with the board at the time of retirement, to make contributions
to, and receive service credit for, any number of whole years or all
of the time he or she served as a full-time subordinate judicial
officer, as defined in Section 71601, prior to becoming a judge,
excluding any period of time for which the judge is receiving, or is
entitled to receive, a retirement allowance from any other public
retirement system.
   (b) A judge electing to receive credit for service pursuant to
this section shall, at the time of filing his or her election, pay
into the Judges' Retirement Fund II, a sum equal to the actuarial
present value of the increase in benefits due to the additional
service. The amount shall be determined by the board in accordance
with this section.