republic-os/legislation/us/states/ca/20132014/ab-1469.md

---
type: "Bill"
title: "State teachers' retirement: Defined Benefit Program: funding."
description: "The State Teacher's Retirement Law (STRL) creates the Defined Benefit Program of the State Teachers' Retirement Plan for the provision of benefits to members of the plan, which is administered by the Teachers' Retirement Board (board) . The Defined Benefit Program is funded by employer and employee contributions as well as investment returns and state appropriations. Employee and employer contributions are deposited in the Teachers' Retirement Fund, which is continuously appropriated. The Defined Benefit Program provides for an improvement factor, as defined, to be applied to monthly allowances or benefits of retired members of the system, as specified. STRL specifies that the Legislature reserves the right to adjust the amount of the improvement factor as economic conditions dictate, provided that an adjustment is prohibited from reducing the retirement allowance, annuity, or benefit below that which would have been payable to the recipient. Existing case law holds that the right to a pension is a contractually protected vested right and that the specific provisions of a pension system that a member earns through employment may be modified to the detriment of the member only if a comparable new advantage is provided."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20132014"
identifier: "AB 1469"
citation: "California AB 1469 (20132014)"
classification: ["bill", "appropriation"]
subjects: ["State teachers' retirement: Defined Benefit Program: funding."]
status: "enacted"
primary_sponsors: ["Bonta"]
version_count: 5
action_count: 22
vote_count: 4
first_action: "2014-01-09"
last_action: "2014-06-24"
source: "openstates"
source_identifier: "ocd-bill/1e4a1545-b2c5-40d4-8b63-9d370d330f83"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB1469"
source_hash: "580067d23960dc5f562ae6e234550b558f1e1d47ec61583d942a56550f22254f"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---

# California AB 1469 (20132014) — State teachers' retirement: Defined Benefit Program: funding.

The State Teacher's Retirement Law (STRL) creates the Defined Benefit Program of the State Teachers' Retirement Plan for the provision of benefits to members of the plan, which is administered by the Teachers' Retirement Board (board) . The Defined Benefit Program is funded by employer and employee contributions as well as investment returns and state appropriations. Employee and employer contributions are deposited in the Teachers' Retirement Fund, which is continuously appropriated. The Defined Benefit Program provides for an improvement factor, as defined, to be applied to monthly allowances or benefits of retired members of the system, as specified. STRL specifies that the Legislature reserves the right to adjust the amount of the improvement factor as economic conditions dictate, provided that an adjustment is prohibited from reducing the retirement allowance, annuity, or benefit below that which would have been payable to the recipient. Existing case law holds that the right to a pension is a contractually protected vested right and that the specific provisions of a pension system that a member earns through employment may be modified to the detriment of the member only if a comparable new advantage is provided.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **01/09/14 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1469&version=20130AB146999INT)
2. **06/12/14 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1469&version=20130AB146998AMD)
3. **06/24/14 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1469&version=20130AB146996CHP)
4. **AB1469** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140AB1469)
5. **06/15/14 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201320140AB1469&version=20130AB146997ENR)

## Votes

- AB 1469 BONTA Concurrence in Senate Amendments — **76–1** (pass) · lower
- AB 1469 BUDGET Assembly Third Reading By SKINNER — **53–21** (pass) · lower
- Do pass. — **14–0** (pass) · upper
- 3rd Supp 1 AB1469 Bonta By Torres — **37–0** (pass) · upper

## Sponsors

- Bonta — primary (person)
- Torres — principal coauthor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2014-01-09** Read first time. To print. `reading-1`
- **2014-01-10** From printer. May be heard in committee February 9.
- **2014-05-08** Without reference to committee. `referral-committee`
- **2014-05-08** Ordered to second reading.
- **2014-05-08** Assembly Rule 63 suspended. (Ayes 51. Noes 19. Page 4818.)
- **2014-05-08** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2014-05-23** Read third time. Passed. Ordered to the Senate. (Ayes 53. Noes 21. Page 5073.) `reading-3, reading-1, passage`
- **2014-05-23** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2014-06-05** Referred to Com. on B. & F.R. `referral-committee`
- **2014-06-09** In committee: Hearing postponed by committee.
- **2014-06-09** Joint Rule 62(a), file notice suspended. (Ayes 24. Noes 12. Page 3784.)
- **2014-06-12** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.R. `amendment-introduction, amendment-passage, reading-2, reading-1, referral-committee`
- **2014-06-15** From committee: Do pass. (Ayes 14. Noes 0.) (June 15). `committee-passage-favorable, committee-passage`
- **2014-06-15** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2014-06-15** Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 3904.). `reading-3, reading-1, passage`
- **2014-06-15** In Assembly. Concurrence in Senate amendments pending.
- **2014-06-15** Assembly Rule 77 suspended. (Page 5533.)
- **2014-06-15** Assembly Rule 63 suspended. (Page 5533.)
- **2014-06-15** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 1. Page 5533.). `committee-passage-favorable, amendment-passage`
- **2014-06-17** Enrolled and presented to the Governor at 2 p.m.
- **2014-06-24** Approved by the Governor. `executive-signature`
- **2014-06-24** Chaptered by Secretary of State - Chapter 47, Statutes of 2014.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1e4a1545-b2c5-40d4-8b63-9d370d330f83`. Confidence: reported (aggregated from official California legislature records).