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S 7054

Authorizes the granting of retirement service credit in the optional twenty year retirement plan to Duane A. Palma for service as a correction officer

2025 Regular Session Introduced by Samra Brouk and 1 co-sponsor

Granting Duane Palma retirement service credit in the optional twenty-year plan for correction-officer service, boosting his benefits and pension costs, via Assembly A6279.

SUBSTITUTED BY A6279
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Bill Summary · S 7054

Legislative Bill Summary – S 7054

Overview

S 7054, introduced March 31, 2025, would authorize the granting of retirement service credit in the optional twenty-year retirement plan to Duane A. Palma for service as a correction officer. The bill has been substituted by Assembly Bill A6279, and the companion Assembly version is listed as A6279. The bill progressed through several committees and readings before being substituted.

Purpose and Intent

  • Create a one-person entitlement to retirement service credit in the state’s optional twenty-year retirement plan.
  • Specifically grant such service credit to Duane A. Palma for prior service as a correction officer.
  • The substitution by A6279 indicates the substantive provisions are or will be carried in the companion Assembly measure.

Key Provisions (as stated or implied)

  • Authorizes the granting of retirement service credit in the optional twenty-year retirement plan for an individual (Duane A. Palma) based on prior service as a correction officer.
  • Applies to the state retirement system’s optional twenty-year plan, affecting how Palma’s retirement benefits are calculated.
  • The bill’s exact mechanics (e.g., eligibility criteria beyond the named individual, timing of credit, and how it interacts with existing benefits) would be detailed in the substituted bill (A6279) or the final enacted text.

Affected Parties

  • Duane A. Palma: Eligible recipient of the requested service credit.
  • State retirement system and its administrators: Responsible for adjudicating eligibility and adjusting Palma’s retirement benefits and actuarial liabilities accordingly.
  • Potentially, state and local taxpayers: Could be impacted by any changes to pension liabilities or funding requirements resulting from the credited service.

Procedural and Timeline Aspects

  • 2025-03-31: Referenced to Civil Service and Pensions.
  • 2025-05-27: Reported and committed to Finance.
  • 2025-06-11: Committee discharged and committed to Rules; ordered to Third Reading (Cal. 1828).
  • 2025-06-11: Substituted by A6279 (the Assembly companion), indicating current handling is within A6279 rather than S 7054.
  • Status: Substituted by A6279; current or final text would be in A6279.

Sponsorship

  • Primary Sponsor: Jeremy Cooney.
  • Cosponsor: Samra Brouk.

Related Bills

  • S 9879 (prior-session, related).
  • A 6279 (companion) — both Assembly and Senate counterparts focus on the same policy of granting service credit.

Fiscal and Policy Implications

  • Granting additional retirement service credit typically increases future retirement benefits and may raise actuarial liabilities unless offset by funding or plan adjustments.
  • Specific fiscal impact would be determined by the final text in A6279 and accompanying actuarial analyses.

Next Steps for Readers

  • Review the substituted Assembly bill A6279 for the final substantive provisions and any fiscal impact analyses.
  • Monitor subsequent floor actions and enactment status to determine if the provision becomes law and when it takes effect.

Compiled from official sources — confirm details with the bill’s official record.

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