Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Pensions Legislation topic
No spam. Unsubscribe anytime.
CalPERS briefed school employers on four bills, including changes to PEPRA and contractor contributions
Summary
CalPERS legislative staff summarized four bills the system is tracking for school employers: AB 1247 (contracted workers’ CalPERS contributions), AB 1383 (PEPRA changes, new safety formula), AJR 3 (call to oppose Social Security/Medicaid privatization), and SB 853 (omnibus clarification).
CalPERS legislative staff told the School Employer Advisory Committee that the pension system is tracking four bills of interest to school employers and members.
“AB 1247 … would require a school employer who hires a contracted worker to perform a classified school employee job function to guarantee the contract includes contributions to CalPERS at the equivalent amount,” said Melissa Illisorio, legislative analyst, summarizing the measure authored by Assemblymember Garcia. Illisorio said AB 1247 had passed two Assembly committees and was scheduled in the Assembly Appropriations Committee the day of the webinar.
Illisorio described a second bill, AB 1383 by Assemblymember McKenna, which would alter the way pensionable compensation is capped for members subject to the Public Employees’ Pension Reform Act of 2013 (PEPRA) and create an additional PEPRA safety formula beginning Jan. 1, 2026. “It will adjust the pensionable compensation limit … to the annual dollar limitation established by the Internal Revenue Code 415(b)(1)(A) and adjusted annually for inflation,” she said. She also said the bill would allow employers and employees, via MOU, to agree that the employer pays part of the employee contribution and could permit moving members into a higher safety formula.
Illisorio said CalPERS supports Assembly Joint Resolution 3 (AJR 3), a nonbinding resolution asking California’s congressional delegation and the president to oppose cuts or privatization of Social Security, Medicare and Medicaid; AJR 3 was on the Assembly third reading at the time of the meeting. She also summarized SB 853, an omnibus bill from the Senate Labor, Public Employment and Retirement Committee that would clarify that several compensation-related provisions in the Public Employees’ Retirement Law apply to both classic and PEPRA members; she said SB 853 had passed its first house and moved to the Assembly desk.
CalPERS staff directed attendees to the agency website for a real-time list of bills the system is tracking and to the webinar chat for links to bill texts and follow-up questions.
The legislative update did not include any formal CalPERS board action at the meeting; the presentation was informational.
