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Assembly committee advances bill to let CHP officers and Cal Fire firefighters delay pension payouts under voluntary DROP
Summary
The Assembly Committee on Public Employment and Retirement voted unanimously to pass AB 1054 (Gibson), a voluntary Deferred Retirement Option Program allowing eligible CHP and CAL FIRE personnel to extend service 1–5 years while accumulating retirement benefits in an interest-bearing account; the bill was referred to Appropriations 7–0.
Assemblymember Gibson’s AB 1054 moved out of the Assembly Committee on Public Employment and Retirement on a unanimous 7–0 vote, with the committee referring the bill to the Appropriations Committee.
Gibson told the committee the bill is designed to help retain experienced California Highway Patrol officers and CAL FIRE firefighters by offering a Deferred Retirement Option Program (DROP) that allows eligible employees to extend their…
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