BILL ANALYSIS ACA 12 Page 1 Date of Hearing: September 6, 2001 ASSEMBLY COMMITTEE ON APPROPRIATIONS Carole Migden, Chairwoman ACA 12 (Papan) - As Introduced: June 6, 2001 Policy Committee: ElectionsVote:8-3 Urgency: No State Mandated Local Program: No Reimbursable: SUMMARY This bill proposes voter approval of a constitutional amendment allowing legislators to accrue retirement benefits if they were a member of a public retirement system prior to their election. FISCAL EFFECT 1)One-time General Fund costs of about $220,000 for printing the text of the measure and arguments for and against the measure in the voter pamphlet. 2)Unknown additional costs to public pensions. Costs would depend on the number of legislators with prior membership in public pension systems, the number of years of service in those systems, and the type of retirement benefits available in those systems. COMMENTS 1)Purpose . According to the author, "[t]he inability of Legislators to participate in a retirement plan deprives their family of receiving any benefits, including death benefits should the member pass away unexpectedly. . . . Many Legislators come from public service backgrounds. For instance, many of the current members have . . . served our communities diligently as teachers, civil servants or elected officials at the municipal and county levels. By continuing their public service as state Legislators, members have demonstrated their commitment to solving [society's] problems and making government work for their constituents. As such, Legislators should be able to participate in the same retirement plan that is available to those employed by the ACA 12 Page 2 state government." 2)Background . Proposition 140, which this measure seeks to amend, was approved by the voters in the 1990 statewide general election. Proposition 140 imposed legislative term limits and prohibited legislators from participating in state retirement systems. ACA 12 (Papan), Res. Chapter 83, Statutes of 2000, which was placed on the November 2000 ballot as Proposition 33, would have authorized legislative participation in the Public Employees' Retirement System. Proposition 33 was rejected by voters by a margin of 61% to 39%. 3)Related Legislation . A companion measure to this bill, AB 1190 (Papan), pending in the Assembly Banking and Finance Committee, makes various changes relating to reciprocity of retirement benefits between public retirement systems. According to the author's office, these changes would be necessary upon approval of ACA 12 because existing law imposes time limits that could prevent reciprocity between legislators' retirement systems. Analysis Prepared by : Chuck Nicol / APPR. / (916)319-2081