BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1379
                                                                  Page  1

          Date of Hearing:   April 17, 2013

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                  Mike Gatto, Chair

             AB 1379 (Committee on PERSS) - As Introduced:  February 26,  
                                        2013 

          Policy Committee:                              PERSSVote:7-0

          Urgency:     No                   State Mandated Local Program:  
          No     Reimbursable:              

           SUMMARY  

          This bill makes various technical and conforming changes to the  
          Teachers' Retirement Law (TRL) which governs administration of  
          the California State Teachers' Retirement System (CalSTRS).  

          1)Revises and updates references to sections of the TRL that  
            conflict with federal law in their treatment of registered  
            domestic partners.

          2)Ensures equal treatment for Cash Balance (CB) Benefit Program  
            participants receiving a disability annuity who return to  
            work, regardless of age.

          3)Makes a host of other technical and clarifying changes to TRL  
            and the administration of the retirement plan.

           FISCAL EFFECT  

          Negligible fiscal impact on the CalSTRS retirement program and  
          possible minor administrative cost savings to CalSTRS.

           COMMENTS  

           1)Purpose  .  The bill's sponsor, CalSTRS, states this bill will  
            make various technical and conforming amendments necessary for  
            continued effective administration of CalSTRS.

           2)There is no registered opposition to this bill. 











                                                                 AB 1379
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           Analysis Prepared by  :    Roger Dunstan / APPR. / (916) 319-2081