An SEIU-supported bill to end spiking and double-dipping passed the California Senate 35-0. The bill, AB 340, now goes back to the Assembly. (The Assembly already passed a version, but the Senate made changes the Assembly must approve.)
The bill affects “37 Act” counties, which run their own retirement systems rather than joining the CalPERS. Those counties include:
- Fresno
- Kern
- Merced
- San Mateo
- Stanislaus
- Tulare
For more on the bill, check out the Sacramento Bee’s coverage.
