AB 1383 – Increases pension benefits without providing any new funding

Introduced Feb 21, 2025
Status: Assigned To Assembly Committee

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54%

Summary

OPPOSE

 

AB 1383 increases pension benefits for public safety employees and potentially reduces the contributions they will be required to make to their pension plans without providing any new funding. As a result, it will further compromise the solvency of CalPERS and other pension systems around the state.

Full Bill Text

Read CPC’s Letter of Opposition

Last Action

Hearing postponed by committee.