Amended
IN
Senate
May 21, 2019 |
Amended
IN
Assembly
March 26, 2019 |
Assembly Bill | No. 462 |
Introduced by Assembly Member Rodriguez |
February 11, 2019 |
The Public Employees’ Retirement Law (PERL) creates the Public Employees’ Retirement System (PERS), which provides defined benefits to members of the system based on final compensation, credited service, and age at retirement, subject to certain variations. PERL defines terms for its purposes, including a county peace officer. PERL prescribes, among other things, the disability allowance for a state miscellaneous member upon
industrial disability retirement as 50% of the member’s final compensation, unless otherwise provided. PERL also defines a county police officer for PERS purposes.
This bill would make nonsubstantive changes to the provisions defining a county peace officer and prescribing the disability allowance for a state miscellaneous member upon industrial disability retirement.
The Teachers’ Retirement Law establishes the
State Teachers’ Retirement System (STRS) and creates the Defined Benefit Program of the State Teachers’ Retirement Plan, which provides a defined benefit to members of the program, based on final compensation, credited service, and age at retirement, subject to certain variations. STRS authorizes a member to designate specified entities as a beneficiary, subject to specified conditions.
This bill would make a nonsubstantive change to the provision authorizing a member to designate an entity as a beneficiary.
A corporation, trust, charitable organization, parochial institution, or public entity may be designated as a beneficiary under this part, but they shall not be designated as option beneficiaries, except a trust as defined in Section 22149.
(a)“County peace officer” shall also include the constable and each regularly employed deputy constable and the marshal and each regularly employed deputy marshal who serves the superior court. A county peace officer shall receive credit for service as a peace officer for any time served as constable or deputy constable of a township or justice court or marshal or deputy marshal of a municipal court in the same county.
(b)The
provisions of this section do not apply to the employees of a contracting agency nor to the agency, unless and until the contracting agency elects to be subject to this section by amendment to its contract with the board, made as provided in Section 20474, or by express provision in its contract with the board.
(c)“County peace officer” does not include any officer or employee who is a local sheriff, as defined in Section 20432.5.
Upon the industrial disability retirement of a state miscellaneous member subject to Section 21151, the disability allowance shall be 50 percent of the member’s final compensation plus an annuity purchased with the member’s accumulated additional contributions, if any, or, if qualified for service retirement,
the member shall receive service retirement allowance, if the allowance, after deducting the annuity, is greater.