Increases state, employer and member contributions to the Teachers’ Retirement Fund in order to eliminate the unfunded actuarial obligation of the Defined Benefit Program by June 30, 2046.
- Version: Chaptered (Chapter 47, Statutes of 2014)
- Sponsor: Author
- Location: Signed by Governor
- Board Position: Not presented to the board
CalSTRS Analysis:As amended 6/12/2014