CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 1487Introduced by Assembly Member RodriguezFebruary 17, 2017 An act to amend Section 20460 of the Government Code, relating to public employees retirement. LEGISLATIVE COUNSEL'S DIGESTAB 1487, as introduced, Rodriguez. 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 from doing so within 3 years of termination of a previous contract. This bill would make nonsubstantive changes in the provisions regarding public agency participation in PERS by contract, as described above. Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 20460 of the Government Code is amended to read:20460. Any A 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 agency may shall not enter into the contract within three years of termination of a previous contract for participation.
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 1487Introduced by Assembly Member RodriguezFebruary 17, 2017 An act to amend Section 20460 of the Government Code, relating to public employees retirement. LEGISLATIVE COUNSEL'S DIGESTAB 1487, as introduced, Rodriguez. 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 from doing so within 3 years of termination of a previous contract. This bill would make nonsubstantive changes in the provisions regarding public agency participation in PERS by contract, as described above. Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Assembly Bill No. 1487
Introduced by Assembly Member RodriguezFebruary 17, 2017
Introduced by Assembly Member Rodriguez
February 17, 2017
An act to amend Section 20460 of the Government Code, relating to public employees retirement.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 1487, as introduced, Rodriguez. 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 from doing so within 3 years of termination of a previous contract. This bill would make nonsubstantive changes in the provisions regarding public agency participation in PERS by contract, as described above.
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 from doing so within 3 years of termination of a previous contract.
This bill would make nonsubstantive changes in the provisions regarding public agency participation in PERS by contract, as described above.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 20460 of the Government Code is amended to read:20460. Any A 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 agency may shall not enter into the contract within three years of termination of a previous contract for participation.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 20460 of the Government Code is amended to read:20460. Any A 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 agency may shall not enter into the contract within three years of termination of a previous contract for participation.
SECTION 1. Section 20460 of the Government Code is amended to read:
### SECTION 1.
20460. Any A 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 agency may shall not enter into the contract within three years of termination of a previous contract for participation.
20460. Any A 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 agency may shall not enter into the contract within three years of termination of a previous contract for participation.
20460. Any A 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 agency may shall not enter into the contract within three years of termination of a previous contract for participation.
20460. Any A 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 agency may shall not enter into the contract within three years of termination of a previous contract for participation.