Senate Bill

SB 1123 (Wiggins) – California Actuarial Advisory Panel

Requires the Legislature to secure the services of an actuary in determining the costs of other post-retirement benefits. Creates the California Actuarial Advisory panel to provide impartial and independent information on pensions, other post-employment benefits, and best practices to the Legislature, Governor and public agencies.

  • Version: Chaptered (Chapter 371, Statutes of 2008)
  • Sponsor: Governor’s Public Employee Post-Employment Benefits Commisssion
  • Location: Signed by Governor
  • Board Position: Support (prior to 6/11/08 amendments)

CalSTRS Analysis:

Amended 05/27/2008

Amended 06/11/2008

Commands