Bill Text: CA AB2452 | 2009-2010 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

---

Bill Title: County employees' retirement systems: Orange County:

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2010-04-14 - In committee: Set, first hearing. Hearing canceled at the request of author. [AB2452 Detail]

Download: California-2009-AB2452-Introduced.html

---

BILL NUMBER: AB 2452	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Silva

                        FEBRUARY 19, 2010

   An act to amend Section 31520 of the Government Code, relating to
county employees' retirement systems.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2452, as introduced, Silva. County employees' retirement
systems: boards of retirement.
   The County Employees Retirement Law of 1937 sets forth the
membership requirements for a board of retirement of a county and
requires that the board shall consist of 5 members that include the
county treasurer, 2 members from the association, and 2 members
chosen by the board of supervisors.
   This bill would make a technical, nonsubstantive change to that
provision.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 31520 of the Government Code is amended to
read:
   31520.  Except as otherwise delegated to the board of investment
and except for the statutory duties of the county treasurer, the
management of the retirement system is vested in the board of
retirement, consisting of five members, one of whom shall be the
county treasurer. The second and third members of the board shall be
active members of the association elected by it within 30 days after
the retirement system becomes operative in a manner determined by the
board of supervisors. The fourth and fifth members shall be
qualified electors of the county who are not connected with county
government in any capacity, except  t   hat  one
may be a supervisor and one may be a retired member, and shall be
chosen by the board of supervisors. The first persons chosen as the
second and fourth members shall serve for two years from the date the
system becomes operative and the third and fifth members shall serve
for a term of three years from that date. Thereafter the terms of
office of the four elected members are three years.
   As used in this section "active member" means a member in the
active service of a county, district, or superior court and a
"retired member" means a member, including a member under former
Section 31555, retired for service or disability.