BILL ANALYSIS                                                                                                                                                                                                    



                                                                       


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                                 THIRD READING
                                        

          Bill No:  AB 816
          Author:   Assembly Pub. Employ., Retire. & Social Security  
          Committee
          Amended:  8/21/00 in Senate
          Vote:     21

            
           SENATE PUBLIC EMP. & RET. COMMITTEE  :  5-0, 6/26/00
          AYES:  Ortiz, Haynes, Karnette, Lewis, Soto

           SENATE APPROPRIATIONS COMMITTEE  : 10-0, 8/7/00
          AYES: Johnston, Alpert, Bowen, Burton, Escutia, Johnson,  
            Karnette, Kelley, Leslie, Vasconcellos

           ASSEMBLY FLOOR  :  76-0, 1/26/00 - See last page for vote
           

           SUBJECT  :    State Teachers' Retirement System

           SOURCE  :     State Teachers' Retirement System

           
           DIGEST  :    This constitutes the State Teachers' Retirement  
          System annual omnibus bill making various changes in the  
          retirement law which they administer.

           ANALYSIS  :    

           Overview of Changes in the Teachers' Retirement System  
          (STRS) Law

           Specific changes in the STRS law:

            1. Clarifying the standard for full-time community  
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              college instructors employed in adult education  
              programs.

            2. Conforming current law to existing practice with  
              respect to the definition of an inactive member in a  
              year-round school.

            3. Correcting reference to nonexistent code section in  
              code section defining "present value."

            4. Correcting oversights in the 1999 Housekeeping Bill  
              (SB 1074).

            5. Adding reference to the Internal Revenue Code  
              regarding membership in the Defined Benefit Program.

            6. Clarifying continued coverage under the Public  
              Employees' Retirement System (PERS) for Charter  
              Schools.

            7. Clarifying that an option beneficiary may select a  
              death beneficiary.

            8. Clarifying that the career bonus is applied when a  
              retired member reinstates.

            9. Clarifying that an option beneficiary for a member who  
              dies will receive a benefit based on the assumption  
              that the member retired for service on the date of his  
              or her death.

           10. Clarifying that the duties of a charter school to  
              inform its employees of all retirement options  
              available and of the consequences of future employment  
              if an employee's current retirement system is not  
              provided by the charter school.

           12. Clarifying that the minimum guarantee allowed under  
              Chapter 632 (SB 713 - Burton), Statutes of 1999 is  
              subject to the two percent cost of living adjustment   
              (COLA) and purchasing power protection.

           13. Double-joined with AB 1509 and shall become operative  
              only if both bills are enacted and become effective on  







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              or before January 1, 2001, as specified.

            Prior Legislation

           AB 1166 (House), Chapter 678, Statutes of 1998, modified  
          and clarified minimum standards for determining full-time  
          for purposes of crediting service for STRS members.

          SB 713 (Burton), Chapter 632, Statutes of 1999, added  
          Section 24410.5 to the Education Code, which provides for a  
          minimum guaranteed income for teachers who have a career of  
          at least 20 years and have retired on or before January 1,  
          2000.

          SB 1075 (Senate Public Employees and Retirement Committee),  
          Chapter 939, Statutes of 1999, made technical clarifying  
          amendments to the STRS law necessary for continued  
          effective administration of the system.

           Clarification of Standards

           Different types of instructors are subject to different  
          minimum standards in determining what constitutes full-time  
          membership for purposes of determining credited service.   
          The minimum standard for part-time instructors is 525 hours  
          per year, while the minimum standard for adult education  
          instructors is 875 hours.  Current law is unclear regarding  
          the appropriate standard for a part-time adult education  
          instructor. This bill clarifies that the adult education  
          standard for community college instructors is 875 hours,  
          regardless of whether the member is a full-time or  
          part-time instructor.  This is consistent with current  
          practice.

           Conform Existing Law to Year-Around Schools

           The current definition of an inactive member does not take  
          into account the schedule for year-around schools, which  
          results in some members being classified erroneously as  
          inactive.  For example, a member of the DB Program who  
          works for a year-around school and whose track terminates  
          on April 30, 1999, but attains age 60 on September 15, 1999  
          and retires on that date would be considered inactive.  The  
          bill conforms to current practice by replacing the  







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          reference to the end of traditional school year (June 30)  
          with a generic reference to the school year prior to or  
          during which the member retires.

           Correct Reference to Non-Existent Code Section

           The current definition of present value refers to Section  
          22723, which is a non-existent code section.  This  
          amendment changes the reference to Section 22718, regarding  
          the authorization for billing employers for sick leave  
          credit.

           Correction of Oversights in 1999 Housekeeping Bill

           Current law defines reinstatement as a change in status of  
          a disabled or retired member, but omitted one of the  
          relevant sections concerning disability.  In addition, a  
          reference to "service" in Section 24201 regarding  
          qualifications for service retirement does not clarify  
          credit as "service credit."  These were oversights from  
          last year's housekeeping bill.  These changes reflect  
          current practice and clarify the intent of current law.   
          Finally, the bill clarifies the length of the time a member  
          can participate in the Reduced Workload Program.

           Add Reference to the Internal Revenue Code

           This bill refers to Internal Revenue Code Section  
          401(a)(9)(G) to clarify that membership in the Defined  
          Benefit Program is in accordance with the Internal Revenue  
          Code for the benefit of STRS members and staff.

           Clarification of  Continued Coverage under PERS for Charter  
          Schools

           Current law permits employees who change from STRS-covered  
          service in a school to PERS-covered service or vise versa  
          to retain membership in the original retirement system.   
          Not all charter schools offer service under PERS.  The bill  
          clarifies that a member of PERS who works for a charter  
          school may elect to continue coverage in PERS  if  the  
          charter school offers coverage in PERS.

           Permit an Option Beneficiary May Select a Death Beneficiary







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           The bill permits an option beneficiary to designate a death  
          beneficiary who can receive the accrued monthly allowance  
          upon the option beneficiary's death.  This could save a  
          significant amount of work for what is often a very small  
          amount of money.

           Application of Career Bonus to Service Credit Earned by  
          Reinstatement  

          Under current law, a member who retires with 30 years  
          receives a career bonus of 0.2 percent per year of service.  
           This bill clarifies that if a member reinstates after a  
          service or disability retirement, and earns total service  
          credit equal to or greater than 30 years, the member's  
          allowance reflects the career bonus.

           Clarification of Benefit for Option Beneficiary

           Current law regarding the pre-retirement election of an  
          option states that if a member dies and elected an option  
          beneficiary prior to his or her death, the option  
          beneficiary will receive the option benefit based on the  
          assumption that the member retired for service on the date  
          of death.  The STRS Law has subsequently been amended to  
          permit members to retire under different circumstances and  
          have their service retirement benefit calculated using  
          different methods.  This bill updates the authority to  
          reflect these subsequent amendments.

           Retirement System Options for Employees of Charter Schools

           The bill requires charter schools to inform prospective  
          employees about the retirement system options they offer  
          and that employment in a charter school could exclude the  
          applicant from further coverage in PERS or STRS, depending  
          on the retirement options authorized by their charter.

           Technical Clean-Up to Conform the Minimum Guarantee with  
          Existing Law  

          SB 713 (Burton), Chapter 632, Statutes of 1999 (established  
          Section 24410.5, which provides for a minimum guarantee  
          allowance for career members.  The allowance was developed  







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          to be subject to the annual 2 percent COLA, but not all the  
          necessary language was included in the original  
          legislation.  The bill clarifies the COLA provision and the  
          interaction of purchasing power protection to the minimum  
          guarantee.  In addition, Section 24410.5 refers to Section  
          24410.7, which was proposed to be added in other  
          legislation.  The legislation that would have added Section  
          24410.7 was not enacted, and this amendment deletes the  
          reference.

          This bill also includes supercession language, which states  
          that if other legislation is passed during the current  
          legislative session that amends sections that also are  
          included in this bill, the other legislation prevails.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes    
          Local:  Yes

          One-time cost of $75,000 to permit option beneficiaries to  
          select death beneficiary.

           SUPPORT  :   (Verified  8/21/00)

          State Teachers' Retirement System
          California Teachers Association


           ASSEMBLY FLOOR  : 
          AYES:  Aanestad, Alquist, Aroner, Baldwin, Bates, Battin,  
            Baugh, Bock, Brewer, Briggs, Calderon, Campbell,  
            Cardenas, Cardoza, Cedillo, Corbett, Correa, Cox,  
            Cunneen, Davis, Dickerson, Ducheny, Dutra, Firebaugh,  
            Florez, Frusetta, Gallegos, Granlund, Havice, Hertzberg,  
            House, Jackson, Kaloogian, Keeley, Knox, Kuehl, Leach,  
            Lempert, Leonard, Longville, Lowenthal, Machado, Maddox,  
            Maldonado, Margett, Mazzoni, McClintock, Migden, Nakano,  
            Olberg, Oller, Robert Pacheco, Rod Pacheco, Papan,  
            Pescetti, Reyes, Romero, Runner, Scott, Shelley, Soto,  
            Steinberg, Strickland, Strom-Martin, Thompson, Thomson,  
            Torlakson, Vincent, Washington, Wayne, Wesson, Wiggins,  
            Wildman, Wright, Zettel, Villaraigosa


          DLW:cm  8/21/00   Senate Floor Analyses 







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                         SUPPORT/OPPOSITION:  SEE ABOVE

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