Existing law, the Teachers' Retirement Law, establishes the Defined Benefit Program of the State Teachers' Retirement Plan, which provides a defined benefit to members of the program. The defined benefit is based on final compensation, credited service, and age at retirement, subject to certain variations. The State Teachers' Retirement System (STRS) is administered by the Teachers' Retirement Board. Existing law establishes the Cash Balance Benefit Program, also 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.
California AB 963 (20152016) — Teachers' Retirement Law.
Existing law, the Teachers' Retirement Law, establishes the Defined Benefit Program of the State Teachers' Retirement Plan, which provides a defined benefit to members of the program. The defined benefit is based on final compensation, credited service, and age at retirement, subject to certain variations. The State Teachers' Retirement System (STRS) is administered by the Teachers' Retirement Board. Existing law establishes the Cash Balance Benefit Program, also 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.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass. To Consent Calendar. — 17–0 (pass) · lower
AB 963 BONILLA Consent Calendar Second Day — 77–0 (pass) · lower
3rd Reading AB963 Bonilla By Pan — 40–0 (pass) · upper
AB 963 BONILLA Concurrence in Senate Amendments — 78–0 (pass) · lower
Do pass, but first be re-referred to the Committee on [Appropriations] — 5–0 (pass) · upper
Do pass — 7–0 (pass) · upper
Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — 7–0 (pass) · lower
Sponsors
Bonilla — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2015-02-26 Read first time. To print. reading-1
2015-02-27 From printer. May be heard in committee March 29.
2015-03-16 Referred to Com. on P.E., R., & S.S. referral-committee
2015-03-24 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
2015-03-25 Re-referred to Com. on P.E., R., & S.S. referral-committee
2015-04-06 In committee: Hearing postponed by committee.
2015-04-22 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (April 22). Re-referred to Com. on APPR. referral-committee, committee-passage-favorable, committee-passage
2015-04-29 From committee: Do pass. To Consent Calendar. (Ayes 17. Noes 0.) (April 29). committee-passage-favorable, committee-passage
2015-04-30 Read second time. Ordered to Consent Calendar. reading-2, reading-1
2015-05-07 Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1349.) reading-3, passage, reading-1
2015-05-07 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2015-05-21 Referred to Com. on P.E. & R. referral-committee
2015-05-27 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on P.E. & R. referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1
2015-07-01 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on P.E. & R. referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1
2015-07-14 From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (July 13). Re-referred to Com. on APPR. referral-committee, committee-passage-favorable, committee-passage
2015-07-16 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR. referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1
2015-08-18 From committee: Do pass. (Ayes 7. Noes 0.) (August 17). committee-passage-favorable, committee-passage
2015-08-19 Read second time. Ordered to third reading. reading-2, reading-1
2015-08-26 Ordered to special consent calendar.
2015-08-27 Ordered to third reading.
2015-08-31 Read third time and amended. Ordered to second reading. reading-3, amendment-passage, reading-1
2015-09-01 Read second time. Ordered to third reading. reading-2, reading-1
2015-09-02 Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2409.). reading-3, passage, reading-1
2015-09-02 In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 4 pursuant to Assembly Rule 77.