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San Bernardino County Employees Retirement Association
File #: 25-254    Name:
Type: Receive and File
File created: 5/28/2025 In control: BOARD OF RETIREMENT
On agenda: 6/5/2025 Final action:
Title: 2025 Legislative Session Update.
Attachments: 1. Exhibit A: Memorandum 2025-2026 California Legislation
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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FROM:                                           Barbara Hannah, Chief Counsel

 

SUBJECT:                                           2025 Legislative Session Update

 

RECOMMENDATION:

title

2025 Legislative Session Update.

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BACKGROUND:

SBCERA staff is providing the following update on the current California legislative session and bills that would or may affect SBCERA if adopted and signed into law.  Three of the public pension-related bills we were tracking this session will not move forward this year.

 

                     AB 1383 would have rolled back some of the provisions of the 2013 Public Employees’ Pension Reform Act (PEPRA).  It was made a two-year bill, so it will likely be back for consideration in 2026.

 

                     AB 569 would have allowed public employers to contribute to supplemental defined benefit plans administered by unions.  The bill did not make it out of committee.

 

                     AB 1439 would have prohibited public pension funds from investing in development projects in California unless those projects had strong labor standards.  The bill was withdrawn by the author during the committee process.

 

Meanwhile, SB 853 cleared the Senate and is awaiting a hearing in the Assembly Public Employment and Retirement Committee.  This bill includes non-controversial “clean-up” provisions sponsored by the State Association of County Retirement Systems (SACRS), CalPERS, and CalSTRS.

 

SBCERA staff is tracking several bills that may affect SBCERA operations, including bills related to the Brown Act as well as local official training and disclosure requirements.

 

See the attached 2025-2026 California Legislation document for more details about the bills SBCERA is monitoring this session

 

BUDGET IMPACT:

None.

 

STRATEGIC PLANNING GOAL/OBJECTIVE:

Effective Communications

 

 

STAFF CONTACT:

Barbara Hannah

Olivia Applegate

Scott Vanhorne

 

ATTACHMENTS:

Exhibit A:                     Memorandum 2025-2026 California Legislation