Governor Brown Signs Bipartisan Pension Reform Bill 9/12/2012

09-18-2012 |

The governor has signed into law a pension reform bill.


LOS ANGELES – Governor Edmund G. Brown Jr. signed sweeping bipartisan pension reform legislation. The Public Employee Pension Reform Act of 2012 (“PEPRA”), AB 340 and technical amendments in AB 197, make significant changes to public pensions for future members of CalPERS, CalSTRS, independent retirement systems, and ‘37 Act Plans. Other changes will apply to almost all California public employees.


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