SB 1505 (Burton) – Minimum Guaranteed Allowance
Extends eligibility for the minimum guaranteed allowance enacted by Chapter 632, Statutes of 1999 (SB 713-Burton), that is paid to Defined Benefit Program members, their option beneficiaries and surviving spouses, in varying amounts according to the member’s years of credited service at retirement.
- Version: Chaptered (Chapter 1026, Statutes of 2000)
- Sponsor: CRTA
- Location: Signed by Governor
- Board Position: Support
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