SB 1038: The Public Employees’ Retirement System.

Official summary

Legislative Counsel’s Digest (official, as of the latest version). Written by nonpartisan legislative staff; reproduced verbatim.

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.

Sponsors

Sponsors by party (alphabetical): Democratic 1

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. August 27, 2026Chaptered by Secretary of State. Chapter 152, Statutes of 2026.
2. August 27, 2026Approved by the Governor.
3. August 18, 2026Enrolled and presented to the Governor at 3 p.m.
4. August 13, 2026In Senate. Ordered to engrossing and enrolling.
5. August 13, 2026Read third time. Passed. (Ayes 73. Noes 0. Page 6146.) Ordered to the Senate.
6. June 25, 2026Read second time. Ordered to third reading.
7. June 24, 2026From committee: Do pass. (Ayes 15. Noes 0.) (June 24).
8. June 10, 2026From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (June 10). Re-referred to Com. on APPR.
9. May 18, 2026Referred to Com. on P. E. & R.
10. May 7, 2026In Assembly. Read first time. Held at Desk.
11. May 7, 2026Read third time. Passed. (Ayes 36. Noes 0. Page 4166.) Ordered to the Assembly.
12. April 30, 2026Read second time. Ordered to third reading.