RECOMMENDATION(S):
ACCEPT the report from the Legislation Committee on the referral to the Committee regarding legislative policy related to pension reform.
FISCAL IMPACT:
No fiscal impact from receiving this report. The matter of pension benefits has fiscal impacts that are detailed in the attached documents.
BACKGROUND:
At its July 28, 2015 meeting, the Board of Supervisors considered and approved the response to Civil Grand Jury Report No. 1503, "Time for a New Look at Pension Costs," and referred the matter of pension legislative policy to the Legislation Committee. The Board Order is Attachment A. The Grand Jury Report No. 1503 is Attachment B. The response to the report is Attachment C.
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