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CA SB1189

Bill

Status

Passed

7/15/2024

Primary Sponsor

Monique Limon

Click for details

Origin

Senate

2023-2024 Session

AI Summary

  • Authorizes county boards of retirement to appoint a chief technology officer in addition to existing positions (retirement administrator, chief financial officer, chief operations officer, chief investment officer, and general counsel)

  • Specifies that appointed personnel are retirement system employees rather than county employees, with terms and conditions of employment established by the board of retirement

  • Requires counties to transfer any accrued leave balances from employees who transition to retirement system employment and compensate the retirement system for the value of that leave

  • Designates compensation for appointed personnel as an administrative expense of the retirement system

  • Applies only to Ventura County's retirement system upon board of retirement resolution

Legislative Description

County Employees Retirement Law of 1937: county board of retirement.

Last Action

Chaptered by Secretary of State. Chapter 131, Statutes of 2024.

7/15/2024

Committee Referrals

Public Employment and Retirement5/6/2024
Labor, Public Employment and Retirement2/21/2024
Rules2/14/2024

Full Bill Text

No bill text available