BILL ANALYSIS                                                                                                                                                                                                    �



                                                                            



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          |SENATE RULES COMMITTEE            |                        AB 837|
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                                    THIRD READING


          Bill No:  AB 837
          Author:   Wieckowski (D)
          Amended:  8/4/14 in Senate
          Vote:     21

           
          PRIOR VOTES NOT RELEVANT

           SENATE PUBLIC EMPLOYMENT & RETIREMENT COMM  :  4-1, 6/9/14
          AYES:  Walters, Block, Evans, Gaines
          NOES:  Torres

           SENATE JUDICIARY COMMITTEE  :  6-0, 6/17/14
          AYES:  Jackson, Corbett, Lara, Leno, Monning, Vidak
          NO VOTE RECORDED:  Anderson

           SENATE APPROPRIATIONS COMMITTEE  :  5-0, 8/14/14
          AYES:  De Le�n, Hill, Lara, Padilla, Steinberg
          NO VOTE RECORDED:  Walters, Gaines


           SUBJECT  :    Public employees retirement benefits

           SOURCE  :     California Judges Association


           DIGEST  :     This bill exempts judges who were elected to office  
          prior to January 1, 2013, but who did not take office until  
          2013, from the requirement in the Public Employees' Pension  
          Reform Act of 2013 (PEPRA) to make employee contributions equal  
          to one half of the normal cost of the retirement benefit plan.

           ANALYSIS  :    Existing law:
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          1.Establishes the Judges Retirement System II (JRSII), which is  
            administered by the board of the California Public Employees'  
            Retirement System (CalPERS).

          2.Requires a judge who is not subject to PEPRA to pay 8% of  
            compensation as member contributions.

          3.Establishes PEPRA, which provides a statewide benefit plan for  
            public employees who first become members of public retirement  
            systems on or after January 1, 2013.

          4.Allows, in PEPRA, a legacy employee (i.e., a public employee  
            who first became a member of a public retirement system prior  
            to 2013) to move between public employers or retirement  
            systems, as specified, and be "grandfathered" under the plans  
            that existed on December 31, 2012, prior to implementation of  
            PEPRA.

          5.Requires the following of all new public employees subject to  
            PEPRA:

             A.   For non-safety employees, a benefit based on 2% of final  
               compensation at age 62, increasing to 2.5% at age 67;

             B.   A final compensation period of three years;

             C.   A limit on the compensation that can count toward a  
               pension, established as the Social Security wage base  
               (approximately $113,000 in 2013) with annual increases to  
               the limit based on increases to the Consumer Price Index,  
               as specified; and

             D.   The requirement that all employees subject to PEPRA pay  
               one half of the normal cost of their retirement benefits as  
               member contributions.

           1. Exempts, in PEPRA, new members in JRSII from the  
             requirements of PEPRA except for the requirement to pay one  
             half of the normal cost of their retirement benefits as  
             member contributions.  For JRSII members, this is currently  
             15%.

          This bill exempts judges who were elected to office prior to  

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          January 1, 2013, from the provisions of PEPRA requiring new  
          members to pay one half of the normal cost of their retirement  
          benefits by clarifying that a "new member" does not include a  
          member who is a judge who was elected to office prior to January  
          1, 2013, despite assuming the office of judge, and becoming a  
          member of the JRSII, for the first time on or after that date.

           Background

           According to the author, seven judges were elected in 2012 who  
          did not take office until 2013.  These seven judges came out of  
          private practice, and are therefore subject to PEPRA because  
          they are new public employees and new members of JRSII.

          Other judges elected in 2013 were former public employees, such  
          as district attorneys and county councils, and those former  
          public employees were grandfathered under the PEPRA rules that  
          allow public employees to move between public employers and  
          retirement systems without the loss of their status as legacy  
          employees.

          PEPRA exempted judges in JRSII from all reforms with one  
          exception; it requires that new members of the system pay one  
          half of the normal cost of their benefits-the same as was  
          required of all employees subject to PEPRA.  At this time the  
          normal cost of the JRSII plan is slightly over 30%, and new  
          judges subject to PEPRA are currently paying 15% as member  
          contributions.

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

          According to the Senate Appropriations Committee:

           Minor, absorbable administrative costs to CalPERS (Special  
            Fund)
           Increased employer costs of approximately $75,000 annually  
            (General Fund*)

          The actuarial increase in employer costs result from the reduced  
          employee contribution rate and long-term costs associated with  
          the pre-PEPRA final compensation period.

          *Superior Court judges salary and retirement benefits are paid  

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          from the Trial Court Trust Fund.   Additionally, employers will  
          need to recalculate the employee contribution and refund  
          overpayments back to the date of employment.

           SUPPORT  :   (Verified  8/14/14)

          California Judges Association (source) 


           ARGUMENTS IN SUPPORT  :    According to the sponsor:

               AB 837 is designed to insure that judges elected to office  
               during 2012 are subject to retirement provisions in effect  
               at the time of their election.  By our count, the bill  
               applies to seven judges.  These are individuals who came  
               from private legal positions and were elected in 2012.   
               Most were elected in June, but a small number were elected  
               in November run-off elections.  They were not able to  
               assume office until early in January, 2013, because the  
               seats they were filling were not yet vacant.

               We believe that simple fairness suggests that these judges  
               should be subject to the retirement law in effect when they  
               were elected to office.  
           

          JL:nl  8/16/14   Senate Floor Analyses 

                           SUPPORT/OPPOSITION:  SEE ABOVE

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