2002 Legislation
2002 Bills
For accessible versions of files on this page, contact ADACoordinator@CalSTRS.com.
AB 131 (Corbett) – Federal Tax Law Conformity
Conforms California law to the rollover and service credit provisions of the federal Economic Growth and Tax Relief Reconciliation Act of 2001. Permits members retiring in 2002 to purchase service credit with newly-authorized rollover funds.
- Version: Chaptered (Chapter 30, Statutes of 2002)
- Sponsor: Author
- Location: Signed by Governor
- Board Position: Support, if amended
CalSTRS Analysis:
AB 979 (Cedillo) – Military Service
Exempts members of the Defined Benefit Program and participants in the Cash Balance Benefit Program called to active duty between 9/11/01 and 7/30/05 from paying member contributions to receive retirement benefits for their military service.
- Version: Amended 8/22/2002
- Sponsor: CSEA, SEUI
- Location: Assembly
- Board Position: Support
CalSTRS Analysis:
AB 1122 (Corbett) – Federal Tax Law Conformity
Among other things, conforms California law to the retirement plan provisions of the federal Economic Growth and Tax Relief Reconciliation Act of 2001.
- Version: Chaptered (Chapter 35, Statutes of 2002)
- Sponsor: Author
- Location: Signed by Governor
- Board Position: Support
CalSTRS Analysis:
AB 1710 (Negrete McLeod) – Retirement Coverage for Part-Time Community College Faculty
Requires community college districts to offer Social Security and a qualified alternative retirement plan to of all their part-time employees. Also requires a minimum employer contribution rate of 4 percent with a total minimum contribution of 8 percent for any qualified alternative plan.
- Version: Enrolled 8/30/2002
- Sponsor: FACCC
- Location: Vetoed by Governor
- Board Position: Support
CalSTRS Analysis:
AB 1743 (Campbell) – Federal Tax Law Conformity
Among other things, conforms California law to the retirement plan provisions of the federal Economic Growth and Tax Relief Reconciliation Act of 2001.
- Version: Amended 1/29/2002
- Sponsor: Author
- Location: Assembly
- Board Position: Support
AB 1744 (Corbett) – Federal Tax Law Conformity
Conforms California law to the rollover and service credit provisions of the federal Economic Growth and Tax Relief Reconciliation Act of 2001 by permitting members, who retire in 2002, to purchase service credit with newly-authorized rollover funds.
- Version: Amended 1/31/2002
- Sponsor: Author
- Location: Assembly
- Board Position: Support, if amended
CalSTRS Analysis:
AB 1975 (Koretz) – Paid Leaves of Absence
Requires school districts and community college districts to grant paid leaves of absence with benefits to school employees who serve as staff of an employee organization.
- Version: Enrolled 8/29/2002
- Sponsor: CFT
- Location: Vetoed by the Governor
- Board Position: No Position
CalSTRS Analysis:
AB 1995 (Correa) – Corporate Accountancy
Prohibits a California accountant from certifying corporate financial statements if his or her accounting firm performs non-audit services for their client other than tax preparation and SEC document review.
- Version: Amended 5/20/2002
- Sponsor: Author
- Location: Assembly
- Board Position: Support
CalSTRS Analysis:
AB 2137 (Lowenthal) – Additional Service Credit
Provides two additional years of service credit to specified members with National Board Certification who perform 3 years of credited service after January 1, 2003, in a low-performing school.
- Version: Introduced 2/20/2002
- Sponsor: Author
- Location: Assembly
- Board Position: N/A
AB 2451 (Salinas) – Unused Sick Leave
Permits the crediting of unused sick leave at retirement to the Defined Benefit Supplement or Cash Balance Benefit programs or other qualified alternative retirement plan for part-time community college faculty.
- Version: Enrolled 8/29/2002
- Sponsor: FACCC
- Location: Vetoed by the Governor
- Board Position: Support
CalSTRS Analysis:
AB 2506 (Steinberg) – 403(b) Investment Options
Requires CalSTRS to establish a program for registering the vendors who market 403(b) investment products to local school and community college district employees.
- Version: Chaptered (Chapter 1095, Statutes of 2002)
- Sponsor: UTLA, CTA
- Location: Signed by Governor
- Board Position: Support
CalSTRS Analysis:
AB 2646 (Liu) – Medicare Part B Premiums
Establishes a program for CalSTRS to pay Medicare Part B premiums.
- Version: Amended 5/23/2002
- Sponsor: ACSA, CFT, CTA, FACCC
- Location: Assembly
- Board Position: Support, if amended
CalSTRS Analysis:
AB 2767 (Pavley) – Social Security Offset Provisions
Requires the California Department of Education to conduct a study on the impact of the Government Pension Offset and Windfall Elimination Provision of the Social Security Act on California’s teachers.
- Version: Amended 5/23/2002
- Sponsor: Author
- Location: Senate
- Board Position: Support
CalSTRS Analysis:
AB 2970 (Wayne) – Independent Auditors
Prohibits an external auditor from becoming employed by a former audit client for one year.
- Version: Chaptered (Chapter 232, Statutes of 2002)
- Sponsor: Author
- Location: Signed by Governor
- Board Position: Support
CalSTRS Analysis:
AB 2982 (PER&SS) – Technical Housekeeping
Makes technical, nonsubstantive changes to the Teachers’ Retirement Law to facilitate efficient administration of the Teachers’ Retirement Plan.
- Version: Chaptered (Chapter 375, Statutes of 2002)
- Sponsor: Teachers’ Retirement Board
- Location: Signed by Governor
- Board Position: Sponsor
CalSTRS Analysis:
ACR 55 (Midgen) – HIV and AIDS Drug Costs
Encourages California’s public pension systems to support shareholder resolutions to reduce HIV and AIDS drug costs in less-developed countries.
- Version: Amended 3/07/2002
- Sponsor: Author
- Location: Assembly
- Board Position: N/A
AJR 6 (Canciamilla) – Federal Retirement Security and Savings Act
Requests that Congress enact legislation similar to H.R. 1102 from 2001, to raise contribution limits and expand pension portability among various types of public and private pension and retirement plans.
- Version: Chaptered (Resolution Chapter 121, Statutes of 2002)
- Sponsor: State Association of County Retirement Systems
- Location: Chaptered by the Secretary of State
- Board Position: Support
CalSTRS Analysis:
SB 461 (Torlakson) – Prescription Drug Coverage
Creates a catastrophic Prescription Drug Insurance Program to provide high deductible coverage for prescription drugs to retired members of the Defined Benefit Program with unspecified minimum levels of credited service.
- Version: Amended 1/29/2002
- Sponsor: CTA, FACCC, CFT, ACSA, CRTA
- Location: Assembly
- Board Position: Support, if amended
CalSTRS Analysis:
SB 657 (Scott) – Federal Tax Law Conformity
Among other things, conforms California law to the retirement plan provisions of the federal Economic Growth and Tax Relief Reconciliation Act of 2001.
- Version: Chaptered (Chapter 34, Statutes of 2002)
- Sponsor: Author
- Location: Signed by Governor
- Board Position: Support
CalSTRS Analysis:
SB 728 (Machado) – State Employee Members of CalSTRS
Ratifies collective bargaining agreements and temporarily reduces member contribution rates to specified state members of CalSTRS and CalPERS.
- Version: Chaptered (Chapter 14, Statutes of 2002)
- Sponsor: Department of Personnel Administration
- Location: Signed by Governor
- Board Position: No Position, note concerns
CalSTRS Analysis: