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AB 1509 (Machado) – Defined Benefit Supplement Program

1999–2000 legislative session

Authorizes CalSTRS to redirect 25% of the member’s Defined Benefit Program contribution to the member’s Defined Benefit Supplement Program account from January 1, 2001, through December 31, 2010. 

  • Version: Chaptered (Chapter 74, Statutes of 2000)
  • Sponsor: Teachers’ Retirement Board
  • Location: Signed by Governor
  • Board Position: Support

CalSTRS analysis:

As amended 6/22/2000