1998 Legislation

Assembly Bill

AB 88 (Baca) – “Rule of 85″

Would have permitted a member of the Defined Benefit Program to retire for service on or after July 1, 1999, as early as age 55 without the reduction for early retirement, provided the member has at least five years of service credit and the sum of the member’s age and service credit is at least 85.

 

  • Version: Enrolled 8/18/1998
  • Sponsor: CTA
  • Location: Vetoed by the Governor
  • Board Position: Support

CalSTRS Analysis:

As amended 4/02/1998

Assembly Bill

AB 385 (Goldsmith) – Home Rule School Districts

Would have authorized a school district to convert to a “home rule district”. Also would have established a procedure to grant home rule petitions to create new home rule school districts through the State Board of Education and specified that home rule school districts would be treated as charter schools.

  • Version: Amended 1/14/1998
  • Sponsor: CTA
  • Location: Senate
  • Board Position: N/A
Assembly Bill

AB 1102 (Knox) – Service Credit for Unused Sick Leave

Extends eligibility to receive service credit at retirement for unused sick leave to members of the Defined Benefit Program, who became members on and after July 1, 1980, and who retire on or after January 1, 1998. 

  • Version: Chaptered (Chapter 1006, Statutes of 1998)
  • Sponsor: CTA
  • Location: Signed by Governor
  • Board Position: Support, if amended

CalSTRS Analysis:

As amended 8/4/1998

As amended 8/26/1998

Senate Bill

SB 2047 (Lewis) – Change of Survivor Option

Establishes Joint and Survivor Option 8, which allows a member to select more than one option beneficiary. Permits members to change from Option 4 or 5 to Option 6 or 7 under specified circumstances. Also grants that members, who have made a pre-retirement election of an option, will receive the greater of the benefit determined under either the option factors in place at the time of retirement or the option factors in place at the time of election.