Loading chat...

CA SB1232

Bill

Official Source

Status

Introduced

2/23/2012

Primary Sponsor

Mimi Walters

Click for details

Origin

Senate

2011-2012 Session

AI Summary

  • Adds Section 31870.8 to the Government Code to modify cost-of-living adjustment (COLA) rules for the Orange County Employees Retirement System
  • Provides that monthly allowances for members are adjusted annually beginning with the second calendar year following retirement on or after April 1, subject to existing COLA provisions in Sections 31870, 31870.1, and 31870.2
  • Applies only to members who have been employees or officials of Orange County, and only to the portion of their allowance attributable to Orange County service
  • Requires the Orange County Board of Supervisors to adopt a resolution by majority vote to make the provisions applicable in the county before the section becomes operative

Legislative Description

County employees' retirement: cost-of-living adjustments.

Last Action

Set, first hearing. Failed passage in committee. (Ayes 2. Noes 3. Page 3447.) Reconsideration granted.

5/7/2012

Committee Referrals

Public Employees and Retirement4/9/2012
Rules2/23/2012

Full Bill Text

No bill text available