AB 88 (Baca) – “Rule of 85″

Assembly Bill

Would have permitted a member of the Defined Benefit Program to retire for service on or after July 1, 1999, as early as age 55 without the reduction for early retirement, provided the member has at least five years of service credit and the sum of the member’s age and service credit is at least 85.

 

  • Version: Enrolled 8/18/1998
  • Sponsor: CTA
  • Location: Vetoed by the Governor
  • Board Position: Support

CalSTRS Analysis:

As amended 4/02/1998


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