A.G. File No. 2011-032

Fair and Proportional Retirement for Public Officials Act of 2012

September 23, 2011

 


The measure intends to restrict pension and other post-employment benefits that can be received by elected and certain appointed public officials and administrators. (There would be considerable uncertainty as to how many such administrators would be subject to this measure’s provisions.) Specifically, the measure appears to require that these individuals’ pension and other post-employment benefits be determined using the same benefits and pension formulas used to calculate these benefits for the “least compensated worker category” within that official’s organization. In some cases, this may result in reductions to benefits currently offered to these officials and administrators. The various limitations described often are not clear and would be subject to considerable interpretation.