Posts tagged AB 1383
Opinion: John Moorlach: AB 1383 is a costly pension mistake in the making
August 21, 2026 // Assembly Bill 1383, introduced by Assemblymember Tina McKinnor, D-Inglewood, would increase pension benefits for public safety employees — allowing earlier retirement with higher payouts — while reducing the contributions those employees are required to make. The bill provides no new funding to cover these expanded obligations, which would further destabilize the California Public Employees’ Retirement System (CalPERS) and local government budgets.
Op-ed: California doubles down on pension debt — and dares Congress to bail it out
July 23, 2026 // On July 1, California’s Assembly Appropriations Committee advanced AB 1383, a bill that guts the pension reform Sacramento passed in 2013 to keep its own promises honest. It would drop the public safety retirement age from 57 to 55, invent a new 3%-at-55 benefit formula, and let cities bargain away the cost-sharing rules that reform required. CalPERS already carries more than $179 billion in unfunded liabilities. California’s total state and local pension debt tops $200 billion. Sacramento’s answer, apparently, is to promise more.
Opinion: California’s public sector unions are trying to undo pension reform
July 22, 2026 // In 2012, Democratic then-Gov. Jerry Brown made real progress by championing and signing the Public Employees’ Pension Reform Act (PEPRA). It was a significant reform that adjusted benefits for new hires. By reducing abuses like “pension spiking” (by which some employees juiced payouts), raising the retirement age for many, and requiring the new hires to pay a larger share of their own pension costs, the reform sought to save taxpayers tens of billions of dollars.