BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1101
                                                                  Page  1

          Date of Hearing:   March 30, 2011

            ASSEMBLY COMMITTEE ON PUBLIC EMPLOYEES, RETIREMENT AND SOCIAL 
                                      SECURITY
                              Warren T. Furutani, Chair
                  AB 1101 (Eng) - As Introduced:  February 18, 2011
           
          SUBJECT  :   Teachers' Retirement Board: members.

           SUMMARY  :   Replaces the currently Governor-appointed retiree 
          representative on the Teachers' Retirement Board (TRB) with a 
          representative elected by the retirees of the California State 
          Teachers' Retirement System (CalSTRS).  Specifically,  this bill  :

          1)Replaces the TRB member who is either a retired CalSTRS 
            Defined Benefit member or a retired Cash Balance (CB) Benefit 
            Program participant and appointed by the Governor with one who 
            is elected by the retired members of the DB Program and the 
            retired participants of the CB Benefit Program.

          2)Specifies the term for this new Board member is four years, 
            starting January 1, 2016.

           EXISTING LAW  provides that the TRB consists of the following:

          1)Three member-elected positions representing current educators.

          2)A retired CalSTRS member appointed by the Governor and 
            confirmed by the Senate.

          3)Three public representatives appointed by the Governor and 
            confirmed by the Senate.

          4)A school board representative appointed by the Governor and 
            confirmed by the Senate.

          5)Four board members who serve in an ex-officio capacity by 
            virtue of their office: Director of Finance, State Controller, 
            State Superintendent of Public Instruction, and State 
            Treasurer.

          Under the DB Program, an "active member" is defined as a member 
          who is not retired or disabled and who earns creditable 
          compensation during the school year.  A "retired member" is 
          defined as a member who has terminated employment and to whom a 








                                                                  AB 1101
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          service retirement or disability retirement benefit is payable.  
          A "disabled member" is defined as a member to whom a disability 
          allowance is payable.

          Under the CB Benefit Program a "participant" is defined as a 
          person who has contributions credited under the program or who 
          is receiving an annuity under the program by reason of 
          creditable service.

           FISCAL EFFECT  :   Unknown.

           COMMENTS  :   Prior to the enactment of SB 1580 (Burton), Chapter 
          1049, Statutes of 2002, the TRB had no representatives that were 
          elected by the members of the system.  With the exception of the 
          four ex-officio members, all of the other board members were 
          appointed by the Governor.  SB 1580 required the three board 
          members appointed by the Governor to represent active members to 
          instead be elected by the active members of the system.

          Most other public retirement boards in California have elected 
          members.  For example, the Board of Administration of the 
          California Public Employees' Retirement System has six members 
          out of thirteen who are elected by their peers and each of the 
          20 retirement systems being operated under the County Employees' 
          Retirement Law of 1937 has four members elected by the active 
          and retired members of the system.

          According to supporters, "AB 1101 will allow retirees to have a 
          united voice on their retirement issues by changing the Retiree 
          Representative on the TRB of CalSTRS from one being appointed by 
          the Governor to one being appointed by the retired members of 
          CalSTRS.  The change in statute will allow for a more democratic 
          process of representation."

          This bill is similar to AB 1862 (Eng) of 2010, which was vetoed 
          by Governor Schwarzenegger.  In his veto message, the Governor 
          stated, in part, "There is no documented problem that 
          demonstrates the need to change current law with this bill."

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          California Federation of Teachers (Sponsor)
          California Retired Teachers Association








                                                                  AB 1101
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           Opposition 
           
          None on file
           
          Analysis Prepared by  :    Karon Green / P.E., R. & S.S. / (916) 
          319-3957