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Retiree Health Benefit Reporting Standards
Bill #: AB 387 Author: Arambula
Introduced: 2/11/2005 Sponsor: Author
Last Amendment: 4/14/2005 Location: Assembly Appropriations, (Two-year Bill)
Bill Text/Status Board Position: Pending
Summary:
Requires the State Department of Education to develop actuarial study standards for school districts that provide their retirees with health and welfare benefits and report annually on districts' progress. Also, requires districts to perform an actuarial study of their retiree health and welfare benefit liabilities, identify a funding source and provide for payment in their budgets.
CalSTRS Analysis:

Pending


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