BILL ANALYSIS
Appropriations Committee Fiscal Summary
SB 473 (Ortiz)
Hearing Date:5/24/99 Amended:5/6/99
Consultant: Maureen Brooks Policy Vote:P.E. & R.
4-0
____________________________________________________________
BILL SUMMARY: SB 473 authorizes a school district,
community college district, or county office of education
to pay all or part of a member's costs for nonqualified
service credit ("airtime"), as specified.
Fiscal Impact (in thousands)
Major Provisions 1999-2000 2000-01 2001-02 Fund
STRS admin costs ---------------minor------------------STRF
Service credit benefit ------unknown, but paid at the
OPTION of employers----LOCAL
STAFF COMMENTS: FOR RECONSIDERTION - VOTE ONLY. This bill
failed passage 1-6 on 5/17/99.
Current law provides for the purchase of service credit due
to sabbatical leave, family leave and leave approved for
participation in specified Federal programs.
In addition, SB 2126 of 1998 allows CalSTRS members with at
least five years of service credit to purchase up to five
years of nonqualified service credit, otherwise known as
"airtime". SB 473 provides that employer payments made
for airtime service on behalf of an employee must be made
in a lump sum.
SB 473 provides that employers must establish criteria to
determine eligibility that is broad enough to apply to at
least 20 employees who are members of the system, or 3
percent of the employees who are members of STRS, whichever
is greater, unless the STRS Board authorizes the
application of criteria to a lesser number due to unique
circumstances. The opportunity to have the cost of
service credit paid by the employer must be applied equally
to all employees.
Employers will make airtime payments either to encourage
employees to remain, or cease employment with the employer
in order to facilitate a change in workforce requirements.
Staff notes that SB 473 does not require the member to
retire, therefore, it is different from the traditional
"golden handshake".