Existing law, the County Employees Retirement Law of 1937, authorizes counties to establish retirement systems pursuant to its provisions in order to provide pension benefits to county, city, and district employees and their beneficiaries. Existing law sets forth the membership composition for boards of retirement and boards of investment, as specified. Existing law authorizes the board of supervisors for counties for which these provisions apply to provide that certain members of these boards shall receive compensation at a rate of not more than $100 for a meeting or for a meeting of a committee authorized by the entire board.
This bill would authorize the above-described compensation rate to be increased by the board of retirement, for members in Orange County only, to not more than $320 per meeting.
This bill would make legislative findings and declarations as to the necessity of a special statute for Orange County.
Statutes affected: 03/24/25 - Amended Assembly: 31521 GOV, 31521 GOV