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AB 1452 (O’Donnell) – Membership clean-up bill

Makes minor and conforming changes to provisions regarding membership in the Defined Benefit (DB) Program and participation in the Cash Balance (CB) Benefit Program resulting in the following:

  • Consistent membership dates for persons who mandate into DB membership based on their employment status.
  • Clarification of benefit program participation for persons employed by an employer that offers the CB Benefit Program.

 

  • Version: Chaptered (Chapter 318, Statutes of 2019)
  • Sponsor: CalSTRS
  • Location: Signed by Governor
  • Board Position: Sponsor

CalSTRS analysis:

As amended 3/26/2019As introduced 2/22/2019