Bill > AB569

This bill modifies the California Public Employees' Pension Reform Act of 2013 (PEPRA) by providing a narrow exception to existing restrictions on supplemental defined benefit plans. Under current law, public employers are generally prohibited from offering new supplemental defined benefit pension plans after January 1, 2013, and cannot expand existing plans to additional employee groups. The bill would allow public employers to negotiate contributions for supplemental retirement benefits that are administered by an exclusive bargaining representative for their employee units, while maintaining the overall restrictions of the original law. This means that while public employers cannot create entirely new supplemental pension plans, they can engage in collective bargaining to determine contributions to existing supplemental retirement benefit plans. The bill preserves the core intent of PEPRA to limit pension costs and complexity while providing some flexibility for labor negotiations. The change is specifically targeted at giving public employers and employee representatives more latitude in discussing supplemental retirement benefits within the constraints of the existing pension reform framework.

Budget and Finance, Labor and Employment

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB569