Public employees' retirement: Public Employees' Retirement System optional settlements.
The Public Employees' Retirement Law (PERL) establishes the Public Employees' Retirement System (PERS) to provide pension and other benefits to members of PERS. Existing law permits a member of PERS who retires on or before December 31, 2017, to elect from among several optional settlements for the purpose of structuring the member's retirement allowance. Existing law also permits a member of PERS who retires on or after January 1, 2018, to elect from among several other optional settlements for the purpose of structuring their retirement allowance. Existing law prohibits a member who elects to receive specified optional settlements from changing the member's optional settlement and designated beneficiary after election of an optional settlement unless a specified event occurs, including the death of a beneficiary who predeceased the member, a dissolution of marriage or a legal separation in which the judgment dividing the community property awards the total interest in the retirement system to the retired member, or in an annulment of marriage in which the court confirms the annulment.
us/states/ca
California Legislature
20232024
AB 1246
California AB 1246 (20232024)
bill
Public Employees' Retirement System optional settlements
California AB 1246 (20232024) — Public employees' retirement: Public Employees' Retirement System optional settlements.
The Public Employees' Retirement Law (PERL) establishes the Public Employees' Retirement System (PERS) to provide pension and other benefits to members of PERS. Existing law permits a member of PERS who retires on or before December 31, 2017, to elect from among several optional settlements for the purpose of structuring the member's retirement allowance. Existing law also permits a member of PERS who retires on or after January 1, 2018, to elect from among several other optional settlements for the purpose of structuring their retirement allowance. Existing law prohibits a member who elects to receive specified optional settlements from changing the member's optional settlement and designated beneficiary after election of an optional settlement unless a specified event occurs, including the death of a beneficiary who predeceased the member, a dissolution of marriage or a legal separation in which the judgment dividing the community property awards the total interest in the retirement system to the retired member, or in an annulment of marriage in which the court confirms the annulment.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass. To Consent Calendar. — 16–0 (pass) · lower
Do pass as amended — 7–0 (pass) · upper
Do pass and be re-referred to the Committee on [Appropriations] — 7–0 (pass) · lower
AB 1246 Stephanie Nguyen Consent Calendar Second Day — 66–0 (pass) · lower
Sponsors
Stephanie Nguyen — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2023-02-16 Read first time. To print. reading-1
2023-02-17 From printer. May be heard in committee March 19.
2023-03-16 Referred to Com. on P.E. & R. referral-committee
2023-03-16 From committee chair, with author's amendments: Amend, and re-refer to Com. on P.E. & R. Read second time and amended. amendment-introduction, amendment-passage, reading-1, reading-2
2023-03-20 Re-referred to Com. on P.E. & R. referral-committee
2023-04-12 From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (April 12). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2023-04-26 In committee: Hearing postponed by committee.
2023-05-03 From committee: Do pass. To Consent Calendar. (Ayes 16. Noes 0.) (May 3). committee-passage, committee-passage-favorable
2023-05-04 Read second time. Ordered to Consent Calendar. reading-1, reading-2
2023-05-11 Read third time. Passed. Ordered to the Senate. (Ayes 66. Noes 0. Page 1523.) passage, reading-1, reading-3
2023-05-11 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2023-05-24 Referred to Com. on L., P.E. & R. referral-committee
2023-06-15 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on L., P.E. & R. amendment-introduction, amendment-passage, reading-1, reading-2, referral-committee
2023-06-22 From committee: Do pass and re-refer to Com. on APPR with recommendation: To Consent Calendar. (Ayes 5. Noes 0.) (June 22). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2023-07-03 In committee: Referred to APPR suspense file. referral-committee
2023-09-01 From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (September 1). amendment-introduction, amendment-passage, committee-passage
2023-09-01 Read second time and amended. Ordered returned to second reading. amendment-passage, reading-1, reading-2
2023-09-05 Read second time. Ordered to third reading. reading-1, reading-2
2023-09-08 Ordered to special consent calendar.
2023-09-11 From special consent calendar
2023-09-11 Ordered to inactive file at the request of Senator Portantino.
2024-05-16 From inactive file.
2024-05-16 Ordered to second reading.
2024-05-20 Read second time. Ordered to third reading. reading-1, reading-2
2024-06-18 Read third time and amended. Ordered to second reading. amendment-passage, reading-1, reading-3
2024-06-19 Read second time. Ordered to third reading. reading-1, reading-2
2024-08-19 Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 5202.). passage, reading-1, reading-3
2024-08-20 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 22 pursuant to Assembly Rule 77.
2024-08-27 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 77. Noes 0.). amendment-passage, committee-passage-favorable
2024-09-05 Enrolled and presented to the Governor at 4 p.m.
2024-09-22 Approved by the Governor. executive-signature
2024-09-22 Chaptered by Secretary of State - Chapter 350, Statutes of 2024. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/33a9916a-45a7-42ce-8e88-550e131206e1. Confidence: reported (aggregated from official California legislature records).