AB 884 (Honda) – Compound COLA

Assembly Bill

Would have provided that, beginning September 1, 1999, the 2 percent improvement factor applied to monthly Defined Benefit allowance payments would be compounded.

  • Version: Amended 3/2/1998
  • Sponsor: CFT
  • Location: Senate
  • Board Position: Support, if amended

CalSTRS Analysis:

As amended 3/2/1998

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