SB 1056 California Senate · 2013-2014 Regular Session

County employees: retirement.

Summary
The County Employees Retirement Law of 1937 authorizes counties and districts to establish retirement systems for their employees. Existing law requires an actuarial valuation of the retirement system to be made, as specified. Existing law defines "actuarial rate" as the interest assumption rate established by the most recent actuarial survey recommended by the board of retirement and adopted by the board of supervisors. This bill would make a nonsubstantive change to that definition.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2014
Committee Review
Floor Vote
Governor
Introduced Feb 18, 2014 Last action Nov 30, 2014
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Feb 27, 2014
Committee
Referred to Com. on RLS.
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jean Fuller
Jean Fuller
RRepublican
CA
16