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---
type: "Bill"
title: "Public employees' retirement: Public Employees' Retirement System optional settlements."
description: "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."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20232024"
identifier: "AB 1246"
citation: "California AB 1246 (20232024)"
classification: ["bill"]
subjects: ["Public Employees' Retirement System optional settlements", "Public employees' retirement"]
status: "enacted"
primary_sponsors: ["Stephanie Nguyen"]
version_count: 8
action_count: 32
vote_count: 8
first_action: "2023-02-16"
last_action: "2024-09-22"
source: "openstates"
source_identifier: "ocd-bill/33a9916a-45a7-42ce-8e88-550e131206e1"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240AB1246"
source_hash: "08d4b53a23eb7aab1b6479e4bd8c0a3a231401af962aa13cdfea7ee852097dd1"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---
# 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.
1. **02/16/23 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB1246&version=20230AB124699INT)
2. **03/16/23 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB1246&version=20230AB124698AMD)
3. **06/15/23 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB1246&version=20230AB124697AMD)
4. **06/18/24 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB1246&version=20230AB124695AMD)
5. **09/01/23 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB1246&version=20230AB124696AMD)
6. **09/22/24 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB1246&version=20230AB124693CHP)
7. **AB1246** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240AB1246)
8. **08/29/24 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240AB1246&version=20230AB124694ENR)
## Votes
- AB 1246 Stephanie Nguyen Concurrence in Senate Amendments — **770** (pass) · lower
- Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar — **50** (pass) · upper
- Placed on suspense file — **70** (pass) · upper
- 3rd Reading AB1246 Stephanie Nguyen By Ashby — **400** (pass) · upper
- Do pass. To Consent Calendar. — **160** (pass) · lower
- Do pass as amended — **70** (pass) · upper
- Do pass and be re-referred to the Committee on [Appropriations] — **70** (pass) · lower
- AB 1246 Stephanie Nguyen Consent Calendar Second Day — **660** (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](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/33a9916a-45a7-42ce-8e88-550e131206e1`. Confidence: reported (aggregated from official California legislature records).