State teachers' retirement: supplemental benefits.
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 administered by the Teachers' Retirement Board. Existing law creates the Teachers' Retirement Fund and establishes within that fund a segregated account named the Supplemental Benefit Maintenance Account. Existing law continuously appropriates funds in the Supplemental Benefit Maintenance Account for expenditure for the purpose of restoring the purchasing power of the allowances of retired members and nonmember spouses, disabled members, and beneficiaries, and prescribes various schedules pursuant to which these allowances are augmented.
us/states/ca
California Legislature
20212022
SB 868
California SB 868 (20212022)
bill
appropriation
State teachers' retirement: supplemental benefits.
California SB 868 (20212022) — State teachers' retirement: supplemental benefits.
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 administered by the Teachers' Retirement Board. Existing law creates the Teachers' Retirement Fund and establishes within that fund a segregated account named the Supplemental Benefit Maintenance Account. Existing law continuously appropriates funds in the Supplemental Benefit Maintenance Account for expenditure for the purpose of restoring the purchasing power of the allowances of retired members and nonmember spouses, disabled members, and beneficiaries, and prescribes various schedules pursuant to which these allowances are augmented.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
2022-03-24 From committee with author's amendments. Read second time and amended. Re-referred to Com. on L., P.E. & R. amendment-passage, committee-passage, reading-1, reading-2, referral-committee
2022-03-29 Set for hearing April 4.
2022-04-05 From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 0. Page 3309.) (April 4). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2022-04-18 From committee with author's amendments. Read second time and amended. Re-referred to Com. on APPR. amendment-passage, committee-passage, reading-1, reading-2, referral-committee
2022-04-29 Set for hearing May 9.
2022-05-09 May 9 hearing: Placed on APPR suspense file.
2022-05-13 Set for hearing May 19.
2022-05-19 From committee: Do pass. (Ayes 5. Noes 1. Page 3772.) (May 19). committee-passage, committee-passage-favorable
2022-05-19 Read second time. Ordered to third reading. reading-1, reading-2
2022-05-23 Read third time. Passed. (Ayes 29. Noes 2. Page 3834.) Ordered to the Assembly. passage, reading-1, reading-3
2022-05-24 In Assembly. Read first time. Held at Desk. reading-1
2022-05-27 Referred to Com. on P.E. & R. referral-committee
2022-06-22 From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (June 22). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2022-08-03 August 3 set for first hearing. Placed on suspense file.
2022-08-11 From committee: Do pass. (Ayes 13. Noes 1.) (August 11). committee-passage, committee-passage-favorable
2022-08-15 Read second time. Ordered to third reading. reading-1, reading-2
2022-08-18 Read third time. Passed. (Ayes 62. Noes 2. Page 5933.) Ordered to the Senate. passage, reading-1, reading-3
2022-08-18 In Senate. Ordered to engrossing and enrolling.
2022-08-26 Enrolled and presented to the Governor at 2 p.m.
2022-09-29 Approved by the Governor. executive-signature
2022-09-29 Chaptered by Secretary of State. Chapter 818, Statutes of 2022. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/8d60aa57-28d1-4fdf-a1ba-35ac67d22af2. Confidence: reported (aggregated from official California legislature records).