Authorizes a member of the Defined Benefit Program to redeposit a portion of previously refunded contributions; also permits the purchase of previously excluded service. Allows a retired member, who is receiving an unmodified allowance, to name their new spouse as option beneficiary. Allows trustees of governing school boards to participate in the Cash Balance Benefit Program.

• Version: Chaptered (Chapter 1020, Statutes of 2000)
• Sponsor: CRTA, CTA
• Location: Signed by Governor
• Board Position: Support

CalSTRS Analysis:

As Amended 8/21/2000

As Amended 6/13/2000

As Amended 1/03/2000

As Introduced 2/24/1999