Certain state retirement board members would receive $320 for attending meetings, while county boards may raise meeting pay only after local supervisors publicly approve the increase.
Certain state retirement board members would receive $320 for each day they attend board or committee meetings, plus necessary travel expenses.
County boards may raise pay for specified retirement and investment board members to no more than $320 per meeting, if local supervisors publicly notice and approve it by majority vote.
Raises the daily attendance payment for certain state retirement board members to $320. For the teachers’ retirement board, this covers Governor-appointed members who are not active members of its defined benefit or cash balance programs. For the public employees’ retirement board, it covers specified Governor-appointed members, a public member, and a retired member. The payment applies to actual attendance at board or committee meetings held to carry out board duties. Necessary travel expenses are also covered. The $320 rate applies to attendance under the amended provisions.
Allows specified county retirement or investment boards to raise meeting pay to no more than $320. Covers specified members of county retirement boards and, where established, county investment boards. The Los Angeles County provision applies only in a county of the first class. In counties covered by Section 31521, the board of supervisors must publicly notice and approve the increase by majority vote; it cannot be approved on a consent calendar. The same public notice and majority vote condition applies in Los Angeles County. The existing limit of five paid meetings per month continues to apply. The increase takes effect in a county only after public notice and majority approval by its board of supervisors.
No hearings or votes scheduled.