Conference Committee on Public Employee Pensions

Chart of Statutory Changes_AB 340 (PDF)

Uploaded on Wednesday, September 19, 2012

Conference Committee Hearing - Subject:  Public Employee Pensions

6 p.m., State Capitol, Room 4203

Tuesday, August 28, 2012

• Conference Committee Report Summary (PDF) 

Joint Informational Hearing - Subject:  Pension Reform and the 37 Act Retirement Systems - Exploring Issues Unique to those Systems, and Examining Statewide Pension Benefit Policy for Elected Officials
 

Chaffey College Community Center
5890 College Park Avenue, Room 101
Chino, CA  91710
1 p.m. - 5 p.m.

Friday, April 13, 2012 
 

Here is a link to the archived/recorded hearing:

http://vimeo.com/40477710

• 4/13/12 Agenda (PDF)
• Speaker Biographies (PDF)

Overview of the '37 Act Retirement Systems
Speaker - Robert Palmer, Chief Executive Officer, State Association of County Retirement Systems (SACRS)

• Robert Palmer's Opening Statement and Overview of the 1937 Act Retirement Systems (PDF)

Compensation Issues - Pension Spiking and the Ventura Decision
Speakers - Richard Stensrud, Chair, SACRS Legislative Committee
                   Harvey Leiderman, Reed Smith LLP
 

Creative Plan Designs
Speakers - Gregg Rademacher, Chief Executive Officer, Los Angeles County Employees' Retirement Association (LACERA)
                   Ann Holdren, Chief Executive Officer, Kern County Employees' Retirement Association (KCERA)
                   Bill Campbell, Supervisor, Orange County

• LACERA - A Sustainable Retirement Plan (Power Point Presentation, PDF)
• KCERA - Kern County Hybrid Plan Design "Tier II" (PDF)
• Bill Campbell's Opening Statement (PDF)

Overview of the Various Policies Regarding Pension Benefits for Elected Officials
Speakers - Jason Sisney, Deputy Legislative Analyst, Legislative Analyst's Office (LAO)
                   Paul McIntosh, Executive Director, Californa State Association of Counties (CSAC)
                   Dwight Stenbakken, Deputy Executive Director, League of California Cities (LCC)

• LAO Report:  Examining Statewide Pension Benefit Policy of Elected Officials (PDF)
• League of California Cities Handout (PDF)
• LCC - General Law City Elected Officials Salary and Benefits Chart (PDF)
• LCC - Charter City Elected Officials Salary and Benefits Chart (PDF)

Informational Item
Summary list of additional items under consideration for inclusion in the Conference Committee Report

• Additional Reforms (PDF)

Joint Informational Hearing - Subject:  Examining the Impact of Increasing Normal Retirement Age

Tuesday, February 28, 2012

• 2/28/12 Agenda (PDF)

A National Perspective:
Speaker - Ron Snell, Senior Fellow, National Conference of State Legislatures (NCSL)

• NCSL Report: Changes in Age and Service Requirements for Normal Retirement in State Retirement Plans 2009-2001 (PDF)

Public Retirement Systems' Perspective: 
Speakers - Ann Boynton, Deputy Executive Officer, Benefit Programs, Policy and Planning, California Public Employees' Retirement System
                     (CalPERS)
                   Ed Durman, Deputy Chief Executive Officer, Plan Design and Communication, California State Teachers' Retirement System (CalSTRS)

• Testimony of Ann Boynton, Deputy Executive Officer for CalPERS (PDF)
• CalPERS 50% Replacement Ratio Chart-DBDC (PDF)

Equality and Related Issues:
Speaker - Ken Jacobs, Chair, UC Berkeley Center for Labor Research and Education Institute for Research on Labor and Employment

• Retirement Age and Inequality (PowerPoint)
• Viewpoints:  Raising the Retirement Age Increases Inequality (Sac Bee Editorial 12/1/2011) (PDF)
• Life Expectancy in CA Diverse Population:  Recent Estimates by Race/Ethnicity and Neighborhood Social Class (PDF)
• CEPR Report:  The Impact of Income Distribution on the Length of Retirement (PDF)

Joint Informational Hearing - Subject:  Exploring Hybrid Plan Design Options

Wednesday, January 25, 2012 

• 1/25/12 Agenda (PDF)

Hybrid Pension Plans - A National Perspective:
Speaker - Keith Brainard, Research Director, National Association of State Retirement Administrators (NASRA)

• NASRA Issue Brief:  State Hybrid Retirement Plans (PDF)
• Developing a Policy for Retirement Plan Design Options (1999, 2007) (COBRA) (PDF)
• Essential Design Elements of Hybrid Retirement Plans (2008) (COBRA) (PDF)

Examining the Hybrid Plan for a Federal Worker:
Speaker - Diane Oakley, Executive Director, National Institute on Retirement Security

• "Exploring Hybrid Plan Design Options" (PDF)

Examining the California State Teachers' Retirement System Hybrid Plan:
Speaker - Ed Durman, Deputy Chief Executive Officer, Plan Design and Communication, California State Teachers' Retirement System (CalSTRS)

• The Basics of a Cash Balance Plan (PDF)

Joint Informational Hearing - Subject:  Examining the Governor's Twelve Point Pension Reform Plan

Thursday, December 1, 2011

• 12/1/11 Agenda (PDF)

Presentation of the Governor's Twelve Point Plan:
Speakers - Governor Jerry Brown
                   Marty Morgenstern, Secretary, California Labor and Workforce Development Agency
                   Michael Cohen, Chief Deputy Director, California Department of Finance

• The Governor's Twelve Point Pension Reform Plan (PDF)

Legislative Analyst's Office Analysis:
Speaker - Jason Sisney, Deputy Legislative Analyst, Legislative Analyst's Office

• Public Pension and Retiree Health Benefits:  An Initial Response to the Governor's Proposal (PDF)

California Public Employees' Retirement System Analysis:
Speakers - Alan Milligan, Chief Actuary, California Public Employees' Retirement System (CalPERS)
                   Ann Boynton, Deputy Executive Office, Benefit Programs, Policy and Planning, California Public Employees' Retirement System (CalPERS)

• A Preliminary Analysis of Governor Brown's Twelve Point Pension Reform Plan (PDF)
• A Guide to Pension Facts (PDF)
• The Impact of Closing the Defined Benefit Plan at CalPERS (PDF)
• Vested Rights of CalPERS Members (PDF)

California State Teachers' Retirement System Analysis:
Speaker - Ed Durman, Deputy Chief Executive Officer, Plan Design and Communication, California State Teachers' Retirement System (CalSTRS)

• Analysis of the Governor's October 2011 Pension Reform Proposal (PDF)

1937 Act Retirement Systems Analysis:
Speaker - Richard Stensrud, Chair, Legislative Committee, State Association of County Retirement Systems (SACRS)

University of California Analysis:
Speakers - Nathan Brostrom, Executive Vice President, Business Operations, University of California, Office of the President
                   Gary Schlimgen, Director, Human Resources, Pension and Retirement Programs, University of California, Office of the President

Employer Perspective:
Speakers - Dwight Stenbakken, Deputy Executive Director, League of California Cities
                   Eraina Ortega, Legislative Representative, Employee Relations, California State Association of Counties
                   Iris Herrera, Legislative Advocate, California Special Districts Association

Employee Perspective:
Speakers - Lt. Ron Cottingham, President, Peace Officers Research Association of California
                   Maggie Ellis, President, Elk Grove Teachers Association
                   Steve Koffroth, Business Representative, AFSCME District Council 36
                   Jai Sookprasert, Assistant Director for Government Relations, California School Employees Association
                   Ted Toppin, Legislative Director, Professional Engineers in California Government and California Association of Professional Scientists

Joint Informational Hearing - Subject:  Current Condition of Public Employee Benefits and Reform Efforts

Wednesday, October 26, 2011

• 10/26/11 Agenda (PDF)

• 2010/2011 Pension Reform for State Employees (PDF)

State Employees Benefits:
Speakers - Desi Rodrigues, Principal Retirement Benefit Policy Consultant, Department of Personnel Administration
                   Yvonne R. Walker, President, SEIU Local 1000
                   Aaron Read, Legislative Advocate, CDF Firefighters and California Association of Highway Patrolmen

Local Employer Perspective:
Speakers - Ron Gould, City Manager, City of Santa Monica
                   Eraina Ortega, Legislative Representative, California State Association of Counties
                   Kyle Packham, Legislative Director, California Special Districts Association

Local Employee Benefits - CalPERS Contracting Agencies:
Speakers - Ann Boynton, Deputy Executive Officer, Benefit Programs Policy and Planning, California Public Employees' Retirement System
                   Terry Brennand, Senior Government Relations Advocate, SEIU California
                   Rich Brandt, President, Long Beach Firefighters

Local Employee Benefits - 1937 Act County Retirement Systems:
Speakers - Robert Palmer, Executive Director, State Association of County Retirement Systems
                   Willie Pelote, Political and Legislative Director, AFSCME California
                   William Pryor, Elected Safety Member, Los Angeles County Employees Retirement Association

Education Employee Benefits:
Speakers - Ed Durman, Deputy Chief Executive Officer, Plan Design and Communication, California State Teachers' Retirement System
                   Jennifer Baker, Legislative Advocate, California Teachers Association
                   Sal Villasenor, Legislative Advocate, Association of California School Administrators
                   Dave Low, Executive Director, California School Employees Association