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Charter Amendment LA-D Survivor Benefit Purchase Program for Retirees of the Fire and Police Pension Plan City of Los Angeles Charter Amendment - Majority Approval Required Pass: 176,950 / 70.7% Yes votes ...... 73,212 / 29.3% No votes
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Index of all Measures |
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Information shown below: Summary | | ||||
Shall the Charter be amended to allow retired members of the Fire and Police Pension Plan to purchase, at their own expense, a survivor benefit for a spouse or domestic partner?
THE PROPOSAL: This measure would allow a member who marries or forms a domestic partnership after retirement the option to provide a survivor benefit for a spouse or domestic partner, provided that the retired member pays the full cost of the benefit through a reduction in his or her monthly pension benefit. The election of this benefit would be permanent and could only be exercised once; the retiree would have to survive at least one year after electing the benefit; and the survivor would not be eligible for health benefits from the Plan. FINANCIAL IMPACT: Since the employee would be required to pay the full cost of the benefit, there would be only minimal costs to the Pension Plan for administration of this program. SUPPORTERS SAY: This measure will provide an important option to retired members, while including cost-containment features that minimize administrative costs to the Pension Plan. (No opposing argument was submitted.)
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Official Information L.A. City Clerk Election Division
'Voter Minute' Video from Center for Governmental Studies LWV Los Angeles
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