Senate Bill

SB 713 (Burton) – Minimum Guaranteed Allowance

Establishes the minimum annual allowance payable to specified retired members of the Defined Benefit Program, their option beneficiaries and surviving spouses in varied amounts according to the member’s years of credited service.

  • Version: Chaptered (Chapter 632, Statutes of 1999)
  • Sponsor: Teachers’ Retirement Board
  • Location: Signed by Governor
  • Board Position: Sponsor

CalSTRS Analysis:

As Amended 9/10/1999