California Proposition 22, Civil Service Exemptions for CalPERS Staff (1984)
Proposition 22, if it had been enacted, would have exempted several positions in the California Public Employees' Retirement System (PERS) and the California State Teachers' Retirement System (STRS) from California's civil service system. Specifically, Proposition 22 would have exempted these positions from being civil service positions:
- The chief investment officer
- The assistant chief investment officer
- An unspecified number of principal fund managers.
Individuals working in positions exempt from civil service would then have served at the pleasure of their respective boards, instead of being subject to civil service rules and regulations.
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Proposition 22's official ballot summary said, "Amends Constitution to add the following positions to the list of officers and employees of the state that are exempt from civil service: the chief investment officer, the assistant chief investment officer, and principal fund managers of the Public Employees' Retirement System and the State Teachers' Retirement System.
The fiscal estimate provided by the California Legislative Analyst's Office said:
- "This constitutional amendment would have no direct fiscal impact on the state. The measure could have an indirect fiscal impact, however, if the additional flexibility granted to the two systems in selecting investment personnel affected the performance of the retirement systems' investment programs."
Path to the ballot
The California State Legislature voted to put Proposition 22 on the ballot via Assembly Constitutional Amendment 26 (Statutes of 1983, Resolution Chapter 107).