Attorney General No.
11-0022
Secretary of State No.
1502
Description
Increases the minimum retirement age to 65 (or 58 for sworn public safety officers) for members of the California Public Employees' Retirement System and the California State Teachers' Retirement System, including for teachers, nurses, police officers, firefighters, and other public employees. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: In the long run, possible reductions in state and local pension and retiree health costs. The magnitude of the savings would depend on a variety of legal, implementation, and behavioral uncertainties and would be offset to an unknown extent by increases in other state and local employee compensation costs.
Proponents
Alan Oliver Ebenstein c/o Lanny Ebenstein (805) 682-9815
Date
9-6-2011
Document Type
Initiative
Qualified
Failed to Qualify
Recommended Citation
Increases Retirement Age for Teachers, Peace Officers, and Other Public Employees. Initiative Constitutional Amendment. California Initiative 1502 (2011).
https://repository.uclawsf.edu/ca_ballot_inits/1705