State Teachers' Retirement System: administration.
The California Constitution grants the retirement board of a public pension or retirement system plenary authority and fiduciary responsibility for investment of moneys and administration of the system, as specified. 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 administrated by the Teachers' Retirement Board (board) . Existing law also creates the Cash Balance Benefit Program, which is administered by the board, to provide a retirement plan for the benefit of participating employees who provide creditable service for less than 50% of full time. Existing law authorizes the board to audit, or cause to be audited, the records of any public agency as often as it deems necessary.
us/states/ca
California Legislature
20212022
AB 1667
California AB 1667 (20212022)
bill
appropriation
State Teachers' Retirement System: administration.
California AB 1667 (20212022) — State Teachers' Retirement System: administration.
The California Constitution grants the retirement board of a public pension or retirement system plenary authority and fiduciary responsibility for investment of moneys and administration of the system, as specified. 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 administrated by the Teachers' Retirement Board (board) . Existing law also creates the Cash Balance Benefit Program, which is administered by the board, to provide a retirement plan for the benefit of participating employees who provide creditable service for less than 50% of full time. Existing law authorizes the board to audit, or cause to be audited, the records of any public agency as often as it deems necessary.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
3rd Reading AB1667 Cooper By Pan — 39–0 (pass) · upper
AB 1667 Cooper Assembly Third Reading — 75–0 (pass) · lower
Do pass, but first be re-referred to the Committee on [Appropriations] — 10–0 (pass) · upper
Do pass and be re-referred to the Committee on [Appropriations] — 6–0 (pass) · lower
Do pass as amended. — 12–0 (pass) · lower
Do pass — 7–0 (pass) · upper
AB 1667 Cooper Concurrence in Senate Amendments — 79–0 (pass) · lower
Placed on suspense file — 7–0 (pass) · upper
Do pass, but first be re-referred to the Committee on [Judiciary] — 4–0 (pass) · upper
Sponsors
Cooper — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2022-01-19 Read first time. To print. reading-1
2022-01-20 From printer. May be heard in committee February 19.
2022-03-24 Referred to Com. on P.E. & R. referral-committee
2022-03-24 From committee chair, with author's amendments: Amend, and re-refer to Com. on P.E. & R. Read second time and amended. amendment-introduction, amendment-passage, reading-1, reading-2
2022-03-28 Re-referred to Com. on P.E. & R. referral-committee
2022-04-20 From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (April 20). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2022-05-04 In committee: Set, first hearing. Referred to suspense file. referral-committee
2022-05-19 From committee: Amend, and do pass as amended. (Ayes 12. Noes 0.) (May 19). amendment-introduction, amendment-passage, committee-passage
2022-05-19 Read second time and amended. Ordered returned to second reading. amendment-passage, reading-1, reading-2
2022-05-23 Read second time. Ordered to third reading. reading-1, reading-2
2022-05-26 Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 0.) passage, reading-1, reading-3
2022-05-27 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2022-06-08 Referred to Coms. on L., P.E. & R. and JUD. referral-committee
2022-06-23 From committee: Do pass and re-refer to Com. on JUD. (Ayes 4. Noes 0.) (June 22). Re-referred to Com. on JUD. committee-passage, committee-passage-favorable, referral-committee
2022-06-29 From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (June 28). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2022-07-20 In committee: Hearing postponed by committee.
2022-08-01 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR. amendment-introduction, amendment-passage, reading-1, reading-2, referral-committee
2022-08-08 In committee: Referred to suspense file. referral-committee
2022-08-11 From committee: Do pass. (Ayes 7. Noes 0.) (August 11). committee-passage, committee-passage-favorable
2022-08-11 Read second time. Ordered to third reading. reading-1, reading-2
2022-08-25 Read third time and amended. Ordered to third reading. amendment-passage, reading-1, reading-3
2022-08-29 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 5215.). passage, reading-1, reading-3
2022-08-30 In Assembly. Concurrence in Senate amendments pending.
2022-08-30 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0.). amendment-passage, committee-passage-favorable
2022-09-12 Enrolled and presented to the Governor at 4 p.m.
2022-09-29 Approved by the Governor. executive-signature
2022-09-29 Chaptered by Secretary of State - Chapter 754, Statutes of 2022. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/07c2eefd-4b75-46e3-8a4a-2745619f24fd. Confidence: reported (aggregated from official California legislature records).