State teachers' retirement: option beneficiaries: trusts.
Existing law, the Teachers' Retirement Law, establishes the State Teachers' Retirement System (STRS) and creates the Defined Benefit Program of the State Teachers' Retirement Plan, which provides a defined benefit to members of the program, based on final compensation, credited service, and age at retirement, subject to certain variations. STRS is governed by the Teachers' Retirement Board. Existing law establishes the Cash Balance Benefit Program, administered by the Teachers' Retirement Board, as a separate benefit program within the State Teachers' Retirement Plan in order to provide a retirement plan for persons employed to perform creditable service for less than 50% of full-time service. Existing law permits members of STRS to select option beneficiaries and participants in the Cash Balance Benefit Program to select annuity beneficiaries for the purpose of receiving a retirement allowance or an annuity, respectively, upon the member's or the participant's death. Existing law specifically prohibits a trust from being an option beneficiary under STRS.
us/states/ca
California Legislature
20152016
AB 1875
California AB 1875 (20152016)
bill
State teachers' retirement: option beneficiaries: trusts.
California AB 1875 (20152016) — State teachers' retirement: option beneficiaries: trusts.
Existing law, the Teachers' Retirement Law, establishes the State Teachers' Retirement System (STRS) and creates the Defined Benefit Program of the State Teachers' Retirement Plan, which provides a defined benefit to members of the program, based on final compensation, credited service, and age at retirement, subject to certain variations. STRS is governed by the Teachers' Retirement Board. Existing law establishes the Cash Balance Benefit Program, administered by the Teachers' Retirement Board, as a separate benefit program within the State Teachers' Retirement Plan in order to provide a retirement plan for persons employed to perform creditable service for less than 50% of full-time service. Existing law permits members of STRS to select option beneficiaries and participants in the Cash Balance Benefit Program to select annuity beneficiaries for the purpose of receiving a retirement allowance or an annuity, respectively, upon the member's or the participant's death. Existing law specifically prohibits a trust from being an option beneficiary under STRS.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
The legislative action history — every referral, reading, and vote.
2016-02-10 Read first time. To print. reading-1
2016-02-11 From printer. May be heard in committee March 12.
2016-02-25 Referred to Com. on P.E., R., & S.S. referral-committee
2016-04-11 From committee chair, with author's amendments: Amend, and re-refer to Com. on P.E., R., & S.S. Read second time and amended. reading-2, amendment-introduction, amendment-passage, reading-1
2016-04-12 Re-referred to Com. on P.E., R., & S.S. referral-committee
2016-04-20 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (April 20). Re-referred to Com. on APPR. referral-committee, committee-passage-favorable, committee-passage
2016-04-27 From committee: Do pass. To Consent Calendar. (Ayes 19. Noes 0.) (April 27). committee-passage-favorable, committee-passage
2016-04-28 Read second time. Ordered to Consent Calendar. reading-2, reading-1
2016-05-05 Read third time. Passed. Ordered to the Senate. (Ayes 79. Noes 0. Page 4684.) reading-3, passage, reading-1
2016-05-05 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2016-05-12 Referred to Com. on P.E. & R. referral-committee
2016-06-13 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 5. Noes 0.) (June 13). Re-referred to Com. on APPR. referral-committee, committee-passage-favorable, committee-passage
2016-06-22 In committee: Hearing postponed by committee.
2016-08-08 In committee: Hearing postponed by committee.
2016-08-11 In committee: Referred to APPR. suspense file. referral-committee
2016-08-11 From committee: Do pass. (Ayes 7. Noes 0.) (August 11). committee-passage-favorable, committee-passage
2016-08-15 Read second time. Ordered to third reading. reading-2, reading-1
2016-08-19 Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 5159.). reading-3, passage, reading-1
2016-08-19 In Assembly. Ordered to Engrossing and Enrolling. committee-passage
2016-08-25 Enrolled and presented to the Governor at 5 p.m.
2016-09-24 Approved by the Governor. executive-signature
2016-09-24 Chaptered by Secretary of State - Chapter 559, Statutes of 2016.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/fec513ec-5a6a-4a6d-a458-a73512821168. Confidence: reported (aggregated from official California legislature records).