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HomeMy WebLinkAboutSUPPTL INFO - SB642SB 642 Senate Bill - INTRODUCED Page 1 of 1 BILL NUMBER: SB 642 INTRODUCED BILL TEXT INTRODUCED BY Senator Negrete McLeod FEBRUARY 22, 2007 An act relating to unemployment compensation insurance. LEGISLATIVE COUNSEL'S DIGEST SB 642, as introduced, Negrete McLeod. Unemployment compensation: computations: benefits. Existing law provides for the payment of unemployment compensation to unemployed individuals who meet certain eligibility requirements. Under existing law, unemployment compensation benefits are based on wages, as defined, paid in a base period, as defined. This bill would declare the intent of the Legislature to provide that, to the extent permitted by federal law, unemployment compensation benefits payable to a retired public employee, who receives the employer -paid defined benefit pension payments from a former employer, may not be charged against that employer's account, as specified. Vote: majority. Appropriation: no. Fiscal committee: no. State -mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. It is the intent of the Legislature to enact legislation that would provide that, to the extent permitted by federal law, unemployment insurance benefits payable to a retired public employee, who is also receiving defined benefit pension payments from a former employer, may not be charged against the account of that employer, if the public employee voluntary retired from employment. http://info.sen.ca.gov/pub/07-08/bill/sen/sb_0601 -0650/sb_642_bill_20070222_introduced... 4/24/2007