State teachers' retirement.
Summary
The State Teachers' Retirement System provides pension benefits based in part upon credited service. Existing law states that by accepting employment to perform creditable service, a member consents to make contributions for service and compensation. The Teachers' Retirement Law requires the employer to contribute monthly to the system 8% of the creditable compensation upon which members' contributions are based. The Teachers' Retirement Law requires portions of the employer contributions to be deposited in the Teachers' Retirement Fund and the Teachers' Health Benefits Fund. Existing law authorizes a limited amount from the employer contributions to also be deposited into the Teachers' Retirement Program Development Fund. This bill would make that deposit into the Teachers' Retirement Program Development Fund a required deposit.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2012
Committee Review
Floor Vote
Governor
Introduced Feb 23, 2012
Last action Apr 30, 2012
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
2
Committee
3
Apr 30, 2012
Lower · Passed
In committee: Hearing postponed by committee.
lower
Mar 22, 2012
Committee
Referred to Com. on P.E., R. & S.S.
lower
Feb 24, 2012
Lower · Passed
From printer. May be heard in committee March 25.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
WT
Warren T Furutani
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about AB 2139
Scope: CA
Hi! I can help you understand AB 2139. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline