California SB161 amends the Government Code to adjust employee and employer contributions for prefunding retiree health care and other postemployment.

California SB161 amends the Government Code to adjust employee and employer contributions for prefunding retiree health care and other postemployment benefits for various state bargaining units. It specifies contribution schedules and rates for different units, including adjustments based on actuarially determined total normal costs. The bill also outlines provisions for the Personal Leave Program 2025 (PLP 2025) for certain bargaining units, where employees receive leave credits in exchange for reduced pay.

California SB161 amends the Government Code to adjust employee and employer contributions for prefunding retiree health care and other postemployment.

California SB161 amends the Government Code to adjust employee and employer contributions for prefunding retiree health care and other postemployment benefits for various state bargaining units. It specifies contribution schedules and rates for different units, including adjustments based on actuarially determined total normal costs. The bill also outlines provisions for the Personal Leave Program 2025 (PLP 2025) for certain bargaining units, where employees receive leave credits in exchange for reduced pay.