BILL NUMBER: SB 1319INTRODUCED BILL TEXT INTRODUCED BY Senator Pan FEBRUARY 19, 2016 An act to amend Section 20460 of the Government Code, relating to public employees' retirement. LEGISLATIVE COUNSEL'S DIGEST SB 1319, as introduced, Pan. Public Employees' Retirement System. Existing law, the Public Employees' Retirement Law (PERL), establishes the Public Employees' Retirement System (PERS), which provides a defined benefit to members of the system, based on final compensation, credited service, and age at retirement, subject to certain variations. PERL authorizes a public agency to contract to make its employees members of PERS, but prohibits a public agency doing so within three years of termination of a previous contract. This bill would make technical, nonsubstantive changes in the provisions regarding public agency participation in PERS by contract, as described above. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 20460 of the Government Code is amended to read: 20460.AnyA public agency may participate in and make all or part of its employees members of this system by contract entered into between its governing body and the board pursuant to this part. However, a public agencymayshall not enter into the contract within three years of termination of a previous contract for participation.