Public Employees’ Retirement: Public Employees’ Retirement System Optional Settlements.

AI Summary

The bill "Public Employees’ Retirement System Optional Settlements" aims to provide public employees with the option to choose alternative settlement options within the Public Employees' Retirement System. It allows for flexibility in retirement benefits by offering different settlement choices. The main provisions include providing eligible employees with various settlement options beyond the standard retirement plan. This bill could have a significant impact on public employees by giving them more control over their retirement benefits and potentially improving their financial planning options post-retirement.

• 2023-02-16: Read first time. To print.

• 2023-02-17: From printer. May be heard in committee March 19.

• 2023-03-16: Referred to Com. on P.E. & R.

• 2023-03-16: From committee chair, with author's amendments: Amend, and re-refer to Com. on P.E. & R. Read second time and amended.

• 2023-03-20: Re-referred to Com. on P.E. & R.

• 2023-04-12: From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (April 12). Re-referred to Com. on APPR.

• 2023-04-26: In committee: Hearing postponed by committee.

• 2023-05-03: From committee: Do pass. To Consent Calendar. (Ayes 16. Noes 0.) (May 3).

• 2023-05-04: Read second time. Ordered to Consent Calendar.

• 2023-05-11: Read third time. Passed. Ordered to the Senate. (Ayes 66. Noes 0. Page 1523.)

• 2023-05-11: In Senate. Read first time. To Com. on RLS. for assignment.

• 2023-05-24: Referred to Com. on L., P.E. & R.

• 2023-06-15: From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on L., P.E. & R.

• 2023-06-22: From committee: Do pass and re-refer to Com. on APPR with recommendation: To Consent Calendar. (Ayes 5. Noes 0.) (June 22). Re-referred to Com. on APPR.

• 2023-07-03: In committee: Referred to APPR suspense file.

• 2023-09-01: From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (September 1).

• 2023-09-01: Read second time and amended. Ordered returned to second reading.

• 2023-09-05: Read second time. Ordered to third reading.

• 2023-09-08: Ordered to special consent calendar.

• 2023-09-11: From special consent calendar

• 2023-09-11: Ordered to inactive file at the request of Senator Portantino.

• 2024-05-16: From inactive file.

• 2024-05-16: Ordered to second reading.

• 2024-05-20: Read second time. Ordered to third reading.

• 2024-06-18: Read third time and amended. Ordered to second reading.

• 2024-06-19: Read second time. Ordered to third reading.

• 2024-08-19: Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0.).

• 2024-08-20: In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 22 pursuant to Assembly Rule 77.

• 2024-08-27: Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 0.).

• 2024-09-05: Enrolled and presented to the Governor at 4 p.m.

• 2024-09-22: Approved by the Governor.

• 2024-09-22: Chaptered by Secretary of State - Chapter 350, Statutes of 2024.