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AB 1383 – Increases pension benefits without providing any new funding

Summary

OPPOSE

 

AB 1383 increases pension benefits for public safety employees and potentially reduces the contributions they will be required to make to their pension plans without providing any new funding. As a result, it will further compromise the solvency of CalPERS and other pension systems around the state.

Full Bill Text

Last Action

In Senate. Read first time. To Com. on RLS. for assignment.

Bill Author

McKinnor-e1678487915204
Assemblymember
Tina McKinnor
Democrat
assemblymember.mckinnor@assembly.ca.gov