BILL NUMBER: SB 995 INTRODUCED
BILL TEXT
INTRODUCED BY Committee on Public Employment and Retirement
(Senators Negrete McLeod (Chair), Gaines, Padilla, Vargas, and
Walters)
FEBRUARY 2, 2012
An act to amend Section 22508.5 of the Education Code, relating to
the State Teachers' Retirement System.
LEGISLATIVE COUNSEL'S DIGEST
SB 995, as introduced, Committee on Public Employment and
Retirement. State Teachers' Retirement System.
Existing law, the Teachers' Retirement Law, provides that any
person who is a member of the Defined Benefit Program of the State
Teachers' Retirement Plan employed by a community college district
who subsequently is employed by the Board of Governors of the
California Community Colleges to perform duties that are subject to
membership in a different public retirement system, shall be excluded
from membership in that different system if he or she elects, as
specified.
This bill would make a technical, nonsubstantive change to these
provisions.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 22508.5 of the Education Code is amended to
read:
22508.5. (a) Any Every person who
is a member of the Defined Benefit Program of the State Teachers'
Retirement Plan employed by a community college district who
subsequently is employed by the Board of Governors of the California
Community Colleges to perform duties that are subject to membership
in a different public retirement system, shall be excluded from
membership in that different system if he or she elects, in writing,
and files that election in the office of the State Teachers'
Retirement System within 60 days after the person's entry into the
new position, to continue as a member of the Defined Benefit Program.
Only a person who has achieved plan vesting is eligible to elect to
continue as a member of the program.
(b) A member of the Public Employees' Retirement System who is
employed by the Board of Governors of the California Community
Colleges who subsequently is employed by a community college district
to perform creditable service subject to coverage under the Defined
Benefit Program, may elect to have that service subject to coverage
by the Public Employees' Retirement System and excluded from coverage
under the Defined Benefit Program pursuant to Section 20309 of the
Government Code.
(c) This section shall apply to changes in employment effective on
or after January 1, 1998.