The County Employees Retirement Law of 1937 prescribes the rights, benefits, and duties of members of the retirement systems established pursuant to its provisions. The act vests the management of these systems in retirement boards, and sets forth the membership and qualifications of the boards. Existing law authorizes the board of supervisors of any county in which the assets of the retirement system exceed $800,000,000 to, by resolution, establish a board of investments, which would be responsible for all investments of the retirement system.
California AB 1519 (20112012) — County employee retirement boards.
The County Employees Retirement Law of 1937 prescribes the rights, benefits, and duties of members of the retirement systems established pursuant to its provisions. The act vests the management of these systems in retirement boards, and sets forth the membership and qualifications of the boards. Existing law authorizes the board of supervisors of any county in which the assets of the retirement system exceed $800,000,000 to, by resolution, establish a board of investments, which would be responsible for all investments of the retirement system.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
The legislative action history — every referral, reading, and vote.
2012-01-17 Read first time. To print. reading-1
2012-01-18 From printer. May be heard in committee February 17.
2012-01-26 Referred to Com. on P.E., R. & S.S. referral-committee
2012-03-06 From committee chair, with author's amendments: Amend, and re-refer to Com. on P.E., R. & S.S. Read second time and amended. reading-2, amendment-introduction, reading-1, amendment-passage
2012-03-07 Re-referred to Com. on P.E., R. & S.S. referral-committee
2012-03-28 From committee: Do pass. (Ayes 5. Noes 0.) (March 28). committee-passage, committee-passage-favorable
2012-03-29 Read second time. Ordered to third reading. reading-2, reading-1
2012-04-09 Read third time. Passed. Ordered to the Senate. (Ayes 68. Noes 7. Page 4246.) reading-3, reading-1, passage
2012-04-09 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2012-04-19 Referred to Com. on P.E. & R. referral-committee
2012-05-08 From committee: Do pass. (Ayes 5. Noes 0.) (May 7). committee-passage, committee-passage-favorable
2012-05-09 Read second time. Ordered to third reading. reading-2, reading-1
2012-06-04 Read third time. Passed. Ordered to the Assembly. (Ayes 31. Noes 0. Page 3766.). reading-3, reading-1, passage
2012-06-04 In Assembly. Ordered to Engrossing and Enrolling. committee-passage
2012-06-07 Enrolled and presented to the Governor at 10:45 a.m.
2012-06-15 Approved by the Governor. executive-signature
2012-06-15 Chaptered by Secretary of State - Chapter 15, Statutes of 2012.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/c3604e54-3a5c-4978-8b43-684b0722b875. Confidence: reported (aggregated from official California legislature records).