SB 1465 (Soto) – Minor Policy/Program Changes
Establishes a threshold for the payment and collection of benefit adjustments; provides a monthly benefit to dependent children under the Coverage B Survivor Benefits Program when there is no surviving spouse or partner at the time of the active member’s death; changes service credit purchase and benefit calculation provisions and eliminates two redundant reports to the Legislature.
- Version: Chaptered (Chapter 654, Statutes of 2006)
- Sponsor: Teachers’ Retirement Board
- Location: Signed by Governor
- Board Position: Sponsor
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