BILL NUMBER: AB 1933 ENROLLED
BILL TEXT
PASSED THE SENATE AUGUST 31, 2000
PASSED THE ASSEMBLY AUGUST 31, 2000
AMENDED IN SENATE AUGUST 31, 2000
AMENDED IN SENATE AUGUST 18, 2000
AMENDED IN SENATE AUGUST 7, 2000
AMENDED IN SENATE JUNE 15, 2000
AMENDED IN ASSEMBLY MAY 26, 2000
INTRODUCED BY Assembly Members Strom-Martin and Shelley
(Coauthors: Assembly Members Cardoza, Cedillo, Honda, Lempert,
and Mazzoni)
(Coauthors: Senators Johnston, Karnette, McPherson, Ortiz, and
Vasconcellos)
FEBRUARY 15, 2000
An act to add Section 24203.6 to the Education Code, relating to
the State Teachers' Retirement System.
LEGISLATIVE COUNSEL'S DIGEST
AB 1933, Strom-Martin. State Teachers' Retirement System:
benefits.
The Teachers' Retirement Law provides that members with 30 or more
years of credited service receive increases in their retirement
allowance.
This bill would provide additional increases, as specified, for
those members who have 30 or more years of credited service prior to
2011 and who retire for service on or after January 1, 2001.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 24203.6 is added to the Education Code, to
read:
24203.6. (a) In addition to the amount otherwise payable pursuant
to this chapter, a member who (1) retires for service on or after
January 1, 2001, (2) has, prior to January 1, 2011, 30 or more years
of credited service, excluding service credited pursuant to Sections
22714, 22715, 22717, and 22826 but including any credited service
that a court has ordered be awarded to a nonmember spouse pursuant to
Section 22652, and (3) is receiving an allowance subject to Section
24203.5, shall receive a monthly increase in the allowance, prior to
any modification pursuant to Section 24300, in the amount identified
in the following schedule for the number of years of the member's
credited service at the time of retirement, excluding service
credited pursuant to Sections 22714, 22715, 22717, and 22826 but
including any credited service that a court has ordered be awarded to
a nonmember spouse pursuant to Section 22652:
30 years of credited service .............. $200
31 years of credited service .............. $300
32 or more years of credited service ...... $400
(b) This section also shall apply to a nonmember spouse, if the
member is eligible for the allowance increase pursuant to subdivision
(a) upon his or her retirement for service and had at least 30 years
of credited service, excluding service credited pursuant to Section
22714, 22715, 22717, or 22826, on the date the parties separated, as
established in the judgment or court order pursuant to Section 22652.
(c) The allowance increase provided under this section shall not
be subject to Sections 24415 and 24417, but shall be subject to
Section 22140.