BILL NUMBER: SB 318	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Burton

                        FEBRUARY 8, 1999

   An act to repeal Section 26401.5 of the Education Code, relating
to the State Teachers' Retirement System.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 318, as introduced, Burton.  State Teachers' Retirement System:
  benefits.
   The State Teachers' Retirement Law provides that a member of the
Defined Benefit Plan who is employed by more than one employer, as
specified, cannot make an election to participate in the Cash Balance
Plan unless all of the member's employers participate in that plan.

   This bill would delete that provision.
   Vote:  majority.  Appropriation:  no.  Fiscal committee:  yes.
State-mandated local program:  no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:


  SECTION 1.  Section 26401.5 of the Education Code is repealed.

   26401.5.  (a) A member of the Defined Benefit Plan who is employed
by more than one employer to perform creditable service for less
than 50 percent of the full-time equivalent for the position with
each employer shall not be eligible to make an election as provided
in Section 26401 unless and until all employers by which the member
is employed to perform creditable service provide the benefits of
this part for their employees.
   (b) If a member of the Defined Benefit Plan who pursuant to
subdivision (a) has made an election as provided in Section 26401 and
is subsequently employed to perform creditable service for an
employer that does not provide the benefits of this part for its
employees, contributions shall no longer be made to the Cash Balance
Plan on his or her behalf and creditable service performed for all
employers shall be subject to coverage by the Defined Benefit Plan,
with no subsequent right of election pursuant to Section 26401 or
subdivision (a).