LEGISLATURE. PARTICIPATION IN PUBLIC EMPLOYEES’ RETIREMENT SYSTEM. Legislative Constitutional Amendment. • Amends Constitution to allow members of the California Legislature the option to participate in the Public Employees’ Retirement System. • Allows any person elected or serving in the Legislature on or after November 1, 1990 to participate in any state retirement plan in which a majority of the employees of the State may participate. • Only the employer’s share of the contribution necessary for participation in such state retirement plans will be paid by the State. • Requires members of the Legislature to continue to participate in the Federal Social Security System. Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact: • Annual state costs under $1 million to provide retirement benefits to legislators, with these costs replacing other spending from the fixed annual amount provided in support of the Legislature. No net impact on state spending.
Legislative Vote Results
Final Votes Cast by the Legislature on ACA 12 (Proposition 33) -- Assembly: Ayes 57 Noes 12 -- Senate: Ayes 27 Noes 0 --
Popular Vote Results
Y: 3809044; A: 38.9; N: 5973736; B: 61.1
Legislative Constitutional Amendment
PETER SZEGO, Chair State Legislative Committee American Association of Retired Persons; ALLAN ZAREMBERG, President California Chamber of Commerce; DAN TERRY, President California Professional Firefighters --
ERNEST F. DYNDA, President United Organizations of Taxpayers; LEWIS K. UHLER, President National Tax Limitation Committee --
Rebuttal Against Author
DR. WILLIAM CRIST, President Board of Administration, California Public Employees' Retirement System; BILL HAUCK, Former Chairman California Constitution Revision Commission; MARK MUSCARDINI, President California Association of Highway Patrolmen --
LEGISLATURE. PARTICIPATION IN PUBLIC EMPLOYEES' RETIREMENT SYSTEM. California Proposition 33 (2000).