Assembly Bill

AB 1875 (Chavez) – Special Needs Trusts as Option or Annuity Beneficiaries

Allows CalSTRS Defined Benefit (DB) Program members and Cash Balance (CB) Benefit Program participants to designate a specific type of trust established for a disabled individual (often called a “special needs trust”) to be an option beneficiary or annuity beneficiary and receive a benefit for the duration of the disabled individual’s lifetime.

  • Version: Chaptered (Chapter 559, Statutes of 2016)
  • Sponsor: Author
  • Location: Signed by Governor
  • Board Position: Neutral

CalSTRS Analysis:

As Amended 4/11/2016

Commands