The far-reaching Public Employees' Pension Reform Act radically transformed the legal landscape regarding public employee pensions. CPER's new, third edition of our PEPRA guide covers the latest developments since the Act took effect in 2013... The PEPRA guide also includes the statutory language of the Act, pertinent Government Code and Education Code sections, a glossary of terms, and an index." -- from publisher's web site.
Formatted Contents Note
Introduction PEPRA Coverage Two Main Categories of Employees: "New Members" and "Classic Members" Retirement Formula: "New Members"/CalSTRS '2% at 62 Members' Only Employee Contributions Toward Retirement Pensionable Compensation: "New Members" Only Creditable Compensation Caps on Pensionable Compensation: "New Members"/CalSTRS '2% at 62 Members' Only 36-Month Final Compensation Period: "New Members"/CalSTRS '2% at 62 Members' Only Compensation Earnable: "Classic Members" of '37 Act Systems Only Ban on Purchase of "Airtime" : Applies to All No More "Pension Holidays" : Applies to All "Sit Out" Period Before Post-Retirement Employment Forfeiture of Pension Benefits for Certain Felony Convictions: "Applies to all" Retiree Health Plan Vesting: likely "New Members"/CalSTRS '2% at 62 Members' Only Industrial Disability Benefits: Applies to All CalPERS Safety Members Retroactive Benefit Enhancement Applies To All Legislative Retirement System (LRS): "New Members" only Threat to Transit District Funding Statutes.
KFC562.P8 S84 2017
Berkeley, Calif. : California Public Employee Relations Program, 2017.