CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 1413Introduced by Senator NielsenFebruary 16, 2018 An act to amend Section 7522.15 of the Government Code, relating to public employees retirement. LEGISLATIVE COUNSEL'S DIGESTSB 1413, as introduced, Nielsen. Public employees retirement.The California Public Employees Pension Reform Act of 2013 (PEPRA) generally requires a public retirement system, as defined, to modify its plan or plans to comply with the act. PEPRA explicitly requires public employers and public retirement systems to offer specified defined benefit plans to new members, as defined.This bill would make nonsubstantive changes to these provisions.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 7522.15 of the Government Code is amended to read:7522.15. Except as provided in subdivisions (d) and (e) of Section 7522.02, each a public employer and each or public retirement system that offers a defined benefit plan shall offer only the defined benefit formulas established pursuant to Sections 7522.20 and 7522.25 to new members.
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 1413Introduced by Senator NielsenFebruary 16, 2018 An act to amend Section 7522.15 of the Government Code, relating to public employees retirement. LEGISLATIVE COUNSEL'S DIGESTSB 1413, as introduced, Nielsen. Public employees retirement.The California Public Employees Pension Reform Act of 2013 (PEPRA) generally requires a public retirement system, as defined, to modify its plan or plans to comply with the act. PEPRA explicitly requires public employers and public retirement systems to offer specified defined benefit plans to new members, as defined.This bill would make nonsubstantive changes to these provisions.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Senate Bill No. 1413
Introduced by Senator NielsenFebruary 16, 2018
Introduced by Senator Nielsen
February 16, 2018
An act to amend Section 7522.15 of the Government Code, relating to public employees retirement.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
SB 1413, as introduced, Nielsen. Public employees retirement.
The California Public Employees Pension Reform Act of 2013 (PEPRA) generally requires a public retirement system, as defined, to modify its plan or plans to comply with the act. PEPRA explicitly requires public employers and public retirement systems to offer specified defined benefit plans to new members, as defined.This bill would make nonsubstantive changes to these provisions.
The California Public Employees Pension Reform Act of 2013 (PEPRA) generally requires a public retirement system, as defined, to modify its plan or plans to comply with the act. PEPRA explicitly requires public employers and public retirement systems to offer specified defined benefit plans to new members, as defined.
This bill would make nonsubstantive changes to these provisions.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 7522.15 of the Government Code is amended to read:7522.15. Except as provided in subdivisions (d) and (e) of Section 7522.02, each a public employer and each or public retirement system that offers a defined benefit plan shall offer only the defined benefit formulas established pursuant to Sections 7522.20 and 7522.25 to new members.
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 7522.15 of the Government Code is amended to read:7522.15. Except as provided in subdivisions (d) and (e) of Section 7522.02, each a public employer and each or public retirement system that offers a defined benefit plan shall offer only the defined benefit formulas established pursuant to Sections 7522.20 and 7522.25 to new members.
SECTION 1. Section 7522.15 of the Government Code is amended to read:
### SECTION 1.
7522.15. Except as provided in subdivisions (d) and (e) of Section 7522.02, each a public employer and each or public retirement system that offers a defined benefit plan shall offer only the defined benefit formulas established pursuant to Sections 7522.20 and 7522.25 to new members.
7522.15. Except as provided in subdivisions (d) and (e) of Section 7522.02, each a public employer and each or public retirement system that offers a defined benefit plan shall offer only the defined benefit formulas established pursuant to Sections 7522.20 and 7522.25 to new members.
7522.15. Except as provided in subdivisions (d) and (e) of Section 7522.02, each a public employer and each or public retirement system that offers a defined benefit plan shall offer only the defined benefit formulas established pursuant to Sections 7522.20 and 7522.25 to new members.
7522.15. Except as provided in subdivisions (d) and (e) of Section 7522.02, each a public employer and each or public retirement system that offers a defined benefit plan shall offer only the defined benefit formulas established pursuant to Sections 7522.20 and 7522.25 to new members.