California AB1383 adjusts retirement benefits for public safety employees, including firefighters and police officers.
California AB1383 modifies retirement benefits for public safety employees, including firefighters and police officers. The bill adjusts the retirement age and pension formulas to account for the unique health and occupational challenges faced by these personnel. It establishes defined benefit formulas for safety employees, including the Basic Safety Plan, Safety Option Plan One, and Safety Option Plan Two. The bill also allows employers and employees to negotiate different retirement benefit formulas through collective bargaining.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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