BILL NUMBER: SB 752INTRODUCED BILL TEXT INTRODUCED BY Senator Wiggins FEBRUARY 27, 2009 An act to amend Section 20815 of the Government Code, relating to public employees' retirement. LEGISLATIVE COUNSEL'S DIGEST SB 752, as introduced, Wiggins. Public employees' retirement: Solano County. The Public Employees' Retirement Law requires that, after the implementation of the Trial Court Employment Protection and Governance Act, for counties contracting with the Board of Administration of the Public Employees' Retirement System, a trial court and a county in which the trial court is located jointly participate in the retirement system by joint contract. Existing law also requires the assets and liabilities of a county and a trial court jointly contracting with the board to be combined for purposes of setting the employer contribution rate for both the county and the trial court. This bill would create an exception to that requirement for Solano county, and would require that the assets and liabilities of the trial court and the county be separated based on a computation as determined by the actuary retroactive to June 30, 2002. The bill would also provide that following the separation of the assets and liabilities, the trial court shall participate in a risk pool, as specified, regardless of the number of active members in a member classification. Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 20815 of the Government Code is amended to read: 20815. (a) Notwithstanding any other provision of this part, including, but not limited to, Sections 20225 and 20790, the board shall not combine the assets and liabilities of public agency employers into a single account for the purpose of setting a uniform rate of employer contributions for all public agency employers. The rate at which a public employer's contribution to this system shall be fixed shall be based upon its own experience. Provisions of law that provide authority for this system to combine the assets and liabilities of public employers into a single account for purposes of establishing a uniform rate are superseded to the extent that they provide that authority. For purposes of this section only, references to public employers shall not be construed to include school employers. (b) Notwithstanding subdivision (a), and except as described in subdivision (c), the assets and liabilities of a county and a trial court jointly contracting with the board under Section 20460.1 shall be combined for purposes of setting the employer contribution rate for both the county and the trial court. (c) The assets and liabilities of the Solano County trial court and those of Solano County shall be separated based on a computation as determined by the actuary retroactive to June 30, 2002. Following the separation of the assets and liabilities, the Solano County trial court shall participate in a risk pool created in accordance with Section 20840 regardless of the number of active members in a member classification.