SB 945, as introduced, Walters. County employees’ retirement.
The County Employees Retirement Law of 1937 (CERL) authorizes counties to establish retirement systems pursuant to its provisions in order to provide pension benefits to county and district employees. CERL exempts certain pension benefits and rights from taxation, limits their assignability, and provides that they are not subject to execution or other court process except in specified circumstances.
This bill would make technical, nonsubstantive changes to this provision.
Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.
The people of the State of California do enact as follows:
Section 31452 of the Government Code is
2amended to read:
The right of a person to a pension, annuity, retirement
4allowance, return of contributions, the pension, annuity, or
5retirement allowance,begin delete anyend deletebegin insert anend insert optional benefit, any other right
6accrued or accruing tobegin delete anyend deletebegin insert aend insert person under this chapter, the money
7in the fund created or continued under this chapter or the California
8Public Employees’ Pension Reform Act of 2013, andbegin delete anyend delete
property
9purchased for investment purposes pursuant to this chapter, are
P2 1exempt from taxation, includingbegin delete anyend delete inheritance tax, whether state,
2county, municipal, or district. They are not subject to execution
3orbegin delete any other process of court whatsoeverend deletebegin insert other court processend insert except
4to the extent permitted by Section 31603 of this code and Section
5704.110 of the Code of Civil Procedure, and are unassignable
6except as specifically provided in this chapter.
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