California SB1038 - Public Employees’ Retirement System
Summary
California Senate Bill 1038 was introduced on February 11, 2026, and amended on March 16, 2026. The bill proposes to amend Section 20222.5 and add Section 20222.6 to the Government Code, relating to public employees' retirement. It is scheduled for a hearing by the Senate Appropriations Committee on April 13, 2026.
What changed
California Senate Bill 1038, introduced on February 11, 2026, and amended on March 16, 2026, proposes changes to the Government Code concerning public employees' retirement systems. Specifically, it aims to amend Section 20222.5 and add Section 20222.6. The bill has progressed through committee readings and is set for a hearing before the Senate Appropriations Committee on April 13, 2026.
Compliance officers overseeing public employee retirement plans in California should monitor the progress of SB1038. The bill's passage could introduce new requirements or modify existing provisions related to the Public Employees’ Retirement System. Further review of the bill text and hearing outcomes will be necessary to determine specific compliance actions and potential impacts on plan administration and employee benefits.
What to do next
- Monitor the progress of California SB1038 through legislative hearings and committee actions.
- Review the amended bill text once available to understand specific changes to Government Code Sections 20222.5 and 20222.6.
- Assess potential impacts on public employee retirement system administration and compliance obligations.
Source document (simplified)
CA SB1038 | 2025-2026 | Regular Session
California Senate Bill 1038
CA State Legislature page for SB1038
- Summary
- Sponsors
- Texts
- Votes
- Research
- Comments
- Track
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on February 11 2026 - 25% progression
Action: 2026-03-27 - Set for hearing April 13.
Pending: Senate Appropriations Committee
Hearing: Apr 13 @ 10:00 am in 1021 O Street, Room 2200
Text: Latest bill text (Amended) [HTML]
Summary
An act to amend Section 20222.5 of, and to add Section 20222.6 to, the Government Code, relating to public employees’ retirement.
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Title
The Public Employees’ Retirement System.
Sponsors
| Sen. John Laird [D] |
Roll Calls
2026-03-25 - Senate - Do pass, but first be re-referred to the Committee on [Appropriations] (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
| --- | --- | --- |
| 2026-03-27 | Senate | Set for hearing April 13. |
| 2026-03-25 | Senate | From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 0.) (March 25). Re-referred to Com. on APPR. |
| 2026-03-16 | Senate | From committee with author's amendments. Read second time and amended. Re-referred to Com. on L., P.E. & R. |
| 2026-03-16 | Senate | Set for hearing March 25. |
| 2026-02-18 | Senate | Referred to Com. on L., P.E. & R. |
| 2026-02-12 | Senate | From printer. May be acted upon on or after March 14. |
| 2026-02-11 | Senate | Introduced. Read first time. To Com. on RLS. for assignment. To print. |
Code Citations
| Chapter | Section | Citation Type | Statute Text |
| --- | --- | --- | --- |
| Government Code | 20222.5 | Amended Code | Citation Text |
| Government Code | 20222.6 | New Code | See Bill Text |
California State Sources
| Type | Source |
| --- | --- |
| Summary | https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB1038 |
| Text | https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202520260SB1038#99INT |
| Text | https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202520260SB1038#98AMD |
| Roll Call | https://leginfo.legislature.ca.gov/faces/billVotesClient.xhtml?bill_id=202520260SB1038 |
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