SB-1038 • 2026

The Public Employees’ Retirement System.

Education Labor

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Laird
Last action: 2026-06-10
Official status: From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (June 10). Re-referred to Com. on APPR.
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

The Public Employees’ Retirement System.

SB 1038, as amended, Laird.

What This Bill Does

SB 1038, as amended, Laird.
The Public Employees’ Retirement System.
The Public Employees’ Retirement Law (PERL) creates the Public Employees’ Retirement System (PERS) for the purpose of providing pension benefits to specified public employees and prescribes the rights and duties of members and annuitants of the system.
PERL vests management and control of PERS in the Board of Administration.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-06-10 California Legislative Information
From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (June 10). Re-referred to Com. on APPR.
2026-05-18 California Legislative Information
Referred to Com. on P. E. & R.
2026-05-07 California Legislative Information
In Assembly. Read first time. Held at Desk.
2026-05-07 California Legislative Information
Read third time. Passed. (Ayes 36. Noes 0.) Ordered to the Assembly.
2026-04-30 California Legislative Information
Read second time. Ordered to third reading.
2026-04-29 California Legislative Information
Ordered to second reading.
2026-04-29 California Legislative Information
Read third time and amended.
2026-04-14 California Legislative Information
Read second time. Ordered to third reading.
2026-04-13 California Legislative Information
From committee: Be ordered to second reading pursuant to Senate Rule 28.8.
2026-03-27 California Legislative Information
Set for hearing April 13.
2026-03-25 California Legislative Information
From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 0. Page 3690.) (March 25). Re-referred to Com. on APPR.
2026-03-16 California Legislative Information
From committee with author's amendments. Read second time and amended. Re-referred to Com. on L., P.E. & R.
2026-03-16 California Legislative Information
Set for hearing March 25.
2026-02-18 California Legislative Information
Referred to Com. on L., P.E. & R.
2026-02-12 California Legislative Information
From printer. May be acted upon on or after March 14.
2026-02-11 California Legislative Information
Introduced. Read first time. To Com. on RLS. for assignment. To print.

Official Summary Text

SB 1038, as amended, Laird.
The Public Employees’ Retirement System.
The Public Employees’ Retirement Law (PERL) creates the Public Employees’ Retirement System (PERS) for the purpose of providing pension benefits to specified public employees and prescribes the rights and duties of members and annuitants of the system. PERL vests management and control of PERS in the Board of Administration. PERL authorizes the board, during the course of an audit, to require each state employer, school employer, including each school district represented by a school employer, and contracting agency to provide information as deemed necessary by the board to determine eligibility for, and the correctness of, retirement benefits, reportable compensation, enrollment in, and reinstatement to this system. PERL requires the board, before initiating an audit, to notify the subject of the audit of the estimated time required to completion.
This bill would require the board, before initiating an audit, to list specific information about the audit on its internet website and provide written notice to the affected state employer, school employer, including each school district represented by a school employer, or contracting agency. The bill would specify the distribution of the notice, the final audit report, and a list of members affected by the final audit report, between the board, a state employer, school employer, or contracting agency, and any exclusive representative.

Current Bill Text

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