California AB138: Approves agreements between state employer and bargaining units for employee contributions to retiree health care.

California AB138 approves agreements between the state employer and specified state employee bargaining units for employee contributions to prefund retiree health care. The bill sets specific contribution rates for employees and the state, aiming for a 50-percent cost sharing by July 1, 2019. It also suspends certain employee and employer contributions for other postemployment benefits for fiscal years 2025–26 and 2026–27.

California AB138: Approves agreements between state employer and bargaining units for employee contributions to retiree health care.

California AB138 approves agreements between the state employer and specified state employee bargaining units for employee contributions to prefund retiree health care. The bill sets specific contribution rates for employees and the state, aiming for a 50-percent cost sharing by July 1, 2019. It also suspends certain employee and employer contributions for other postemployment benefits for fiscal years 2025–26 and 2026–27.