(1) Existing law, the Teachers' Retirement Law, establishes the State Teachers' Retirement System, administered by the Teachers' Retirement Board, 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. The Defined Benefit Program is funded by employer and employee contributions, as well as investment returns and state appropriations, which are deposited or credited to the Teachers' Retirement Fund.
California SB 90 (20192020) — Public employees' retirement.
(1) Existing law, the Teachers' Retirement Law, establishes the State Teachers' Retirement System, administered by the Teachers' Retirement Board, 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. The Defined Benefit Program is funded by employer and employee contributions, as well as investment returns and state appropriations, which are deposited or credited to the Teachers' Retirement Fund.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Unfinished Business SB90 B. & F.R. (Mitchell) Concurrence — 40–0 (pass) · upper
SB 90 B. & F. R. Senate Third Reading By TING — 79–0 (pass) · lower
Sponsors
Committee on Budget and Fiscal Review — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2019-01-10 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2019-01-11 From printer. May be acted upon on or after February 10.
2019-01-24 Referred to Com. on B. & F.R. referral-committee
2019-04-08 Withdrawn from committee. (Ayes 28. Noes 10. Page 582.)
2019-04-08 Ordered to second reading.
2019-04-09 Read second time. Ordered to third reading. reading-1, reading-2
2019-04-11 Read third time. Passed. (Ayes 27. Noes 9. Page 668.) Ordered to the Assembly. passage, reading-3, reading-1
2019-04-11 In Assembly. Read first time. Held at Desk. reading-1
2019-05-02 Referred to Com. on BUDGET. referral-committee
2019-06-11 From committee with author's amendments. Read second time and amended. Re-referred to Com. on BUDGET. reading-1, reading-2, amendment-passage, committee-passage, referral-committee
2019-06-17 From committee with author's amendments. Read second time and amended. Re-referred to Com. on BUDGET. reading-1, reading-2, amendment-passage, committee-passage, referral-committee