Post-Employment Benefits Commission
About the Commission
Established by Executive Order S-25-06, the Public Employee Post Employment Benefits Commission to propose ways for addressing unfunded post-employment benefits. In early January 2008, the Commission delivered their final report to the Governor Schwarzenegger and the Legislature. The Commission's report:
- Identified the full amount of post-employment health care and dental benefits for which California governments are liable and which remain unfunded.
- Evaluated and compare various approaches for addressing governments' unfunded retirement health care and pension obligations.
- Proposed a plan to address governments' unfunded retirement health care and pension obligations.
The Commission included twelve members: six, including the chairperson, appointed by the Governor, three appointed by the Speaker of the Assembly, and three appointed by the Senate President Pro Tem. As required by executive order, the Commission was disbanded 30 days after delivery of their final report.