AB 1509 (Machado) – Defined Benefit Supplement Program
Authorizes CalSTRS to redirect 25 percent of the member’s Defined Benefit Program contribution to the member’s Defined Benefit Supplement Program account from January 1, 2001, through December 31, 2010.
- Version: Chaptered (Chapter 74, Statutes of 2000)
- Sponsor: Teachers’ Retirement Board
- Location: Signed by Governor
- Board Position: Support
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