Pension Reform Implementation Delay
ACERA’s implementation of one of the new state pension reform laws will be delayed until a lawsuit filed against ACERA is resolved. This applies to all active members (current employees) and deferred members, and applies to all proposed changes regarding salary that were to be enacted on January 1, 2013. The new effective date for the law will be determined by the court. For more information, read ACERA’s Notice of Delay in Implementing Assembly Bill 197.
The California Public Employees’ Pension Reform Act was signed by Governor Jerry Brown on September 12, 2012, and will took effect January 1, 2013. The law initiated a number of changes in the pension system that affect many ACERA members. This page contains links to documents that will help members understand many of the changes