California 2013-2014 Regular Session Status: Enacted 1 D cosponsors

AB 1469 — State teachers' retirement: Defined Benefit Program: funding.

Last action — Chaptered by Secretary of State - Chapter 47, Statutes of 2014.

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Assembly
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 09, 2014. Enacted.

Prognosis

Likely to advance 74% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 2 sponsors

    1 primary, 1 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

  • Cleared a recorded vote

    Passed 4 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

The State Teacher's Retirement Law (STRL) creates the Defined Benefit Program of the State Teachers' Retirement Plan for the provision of benefits to members of the plan, which is administered by the Teachers' Retirement Board (board) . The Defined Benefit Program is funded by employer and employee contributions as well as investment returns and state appropriations. Employee and employer contributions are deposited in the Teachers' Retirement Fund, which is continuously appropriated. The Defined Benefit Program provides for an improvement factor, as defined, to be applied to monthly allowances or benefits of retired members of the system, as specified. STRL specifies that the Legislature reserves the right to adjust the amount of the improvement factor as economic conditions dictate, provided that an adjustment is prohibited from reducing the retirement allowance, annuity, or benefit below that which would have been payable to the recipient. Existing case law holds that the right to a pension is a contractually protected vested right and that the specific provisions of a pension system that a member earns through employment may be modified to the detriment of the member only if a comparable new advantage is provided. This bill, beginning July 1, 2014, would vest the improvement factor, as described above, as a benefit for an active member in any calendar year in which active members paid increased member contributions, pursuant to specified provisions. The bill would condition this vesting on the increased member contributions and if those contributions cease to be required, the Legislature would reserve the right to adjust the improvement factor, as specified. The bill would state that the vesting of the improvement factor is a comparable new advantage provided in exchange for the contribution increases and is contractually enforceable. The bill would also increase employer and state contributions to the Defined Benefit Program according to prescribed schedules, to be operative until July 1, 2046, or until the Director of Finance makes a certain determination of the status of these increases in connection with constitutionally required funding for schools or reimbursable mandates for local entities and provides notice of that determination, as specified. By increasing amounts deposited in a continuously appropriated fund, this bill would make an appropriation. This bill would prescribe requirements for any action or proceeding challenging the validity of any matter authorized by its provisions, including that any challenge be filed within 60 days. The bill would require, until July 1, 2046, that the Teachers' Retirement Board report to the Legislature on or before July 1, 2019, and every 5 years thereafter, on the fiscal health of the Defined Benefit Program and the unfunded actuarial obligation with respect to the service of certain members and funding adjustments needed to eliminate by June 30, 2046, those obligations, among other things. The bill would prescribe how excess contributions to the Defined Benefit Supplement account are to be returned. The bill make certain findings and declarations and conforming changes. The bill would provide that its provisions are not severable. This bill would declare that it is to take effect immediately as a bill providing for appropriations related to the Budget Bill.

Bill Text

Action History

  1. Chaptered by Secretary of State - Chapter 47, Statutes of 2014.

  2. Approved by the Governor.

  3. Enrolled and presented to the Governor at 2 p.m.

  4. Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 1. Page 5533.).

  5. Assembly Rule 63 suspended. (Page 5533.)

  6. Assembly Rule 77 suspended. (Page 5533.)

  7. In Assembly. Concurrence in Senate amendments pending.

  8. Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 3904.).

  9. Read second time. Ordered to third reading.

  10. From committee: Do pass. (Ayes 14. Noes 0.) (June 15).

  11. From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.R.

  12. Joint Rule 62(a), file notice suspended. (Ayes 24. Noes 12. Page 3784.)

  13. In committee: Hearing postponed by committee.

  14. Referred to Com. on B. & F.R.

  15. In Senate. Read first time. To Com. on RLS. for assignment.

  16. Read third time. Passed. Ordered to the Senate. (Ayes 53. Noes 21. Page 5073.)

  17. Read second time. Ordered to third reading.

  18. Assembly Rule 63 suspended. (Ayes 51. Noes 19. Page 4818.)

  19. Ordered to second reading.

  20. Without reference to committee.

  21. From printer. May be heard in committee February 9.

  22. Read first time. To print.

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 1 co-sponsors · 120 not signed on · 5 voted No

Sponsors (1)

Co-sponsors (1)

  • Torres

Not signed on (120)

120 members have not signed on to this bill.

Show all 120 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

3rd Supp 1 AB1469 Bonta By Torres

Passed 37 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 35002
Democratic 2001
Total 37003
% of votes cast 93%0%0%8%
How each member voted (40)
Member Party Vote
Anderson — Yea
Block — Yea
Hernandez — Yea
Hueso — Yea
Leno — Yea
Monning — Yea
Pavley — Yea
Roth — Yea
Vidak — Yea
Wright — Not Voting
Correa — Yea
Evans — Yea
Wyland — Yea
Mitchell — Yea
De León — Yea
Fuller — Yea
Hancock — Yea
Cannella — Yea
Hill — Yea
Huff — Yea
Beall — Yea
Corbett — Yea
Knight — Yea
Lara — Yea
Lieu — Yea
Liu — Yea
Morrell — Yea
Nielsen — Yea
Steinberg — Yea
Torres — Yea
Walters — Yea
Wolk — Yea
DeSaulnier — Yea
Galgiani — Yea
Yee — Not Voting
Beth Gaines — Yea
Bill Berryhill — Yea
Calderon, Lisa Democratic Not Voting
Jackson, Corey A. Democratic Yea
Padilla, Stephen C. Democratic Yea

Official roll call →

AB 1469 BONTA Concurrence in Senate Amendments

Passed 76 Yea · 1 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 70101
Democratic 4000
Republican 2001
Total 76102
% of votes cast 96%1%0%3%
How each member voted (79)
Member Party Vote
Achadjian — Yea
Alejo — Yea
Bigelow — Yea
Bloom — Yea
Bradford — Yea
Brown — Yea
Buchanan — Yea
Holden — Yea
Linder — Yea
Maienschein — Yea
Mansoor — Yea
Quirk — Yea
Rodriguez — Yea
Wieckowski — Yea
Chau — Yea
Conway — Yea
Ammiano — Yea
Campos — Yea
Yamada — Yea
Allen — Yea
Lowenthal — Yea
Fox — Yea
Garcia — Yea
Salas — Yea
Chesbro — Yea
Nestande — Yea
Chávez — Yea
Donnelly — Nay
Ting — Yea
Wagner — Yea
Weber — Yea
Gatto — Yea
Gray — Yea
Atkins — Yea
Gomez — Yea
Fong — Yea
Cooley — Yea
Dababneh — Yea
Bonilla — Yea
Gordon — Yea
Gorell — Yea
Hall — Yea
Harkey — Yea
Jones-Sawyer — Yea
Levine — Yea
Bocanegra — Yea
Logue — Yea
John A. Pérez — Yea
Daly — Yea
Dickinson — Yea
Eggman — Yea
Medina — Yea
Melendez — Yea
Mullin — Yea
Nazarian — Yea
Olsen — Yea
Pan — Yea
Perea — Yea
Rendon — Yea
Ridley-Thomas — Yea
Skinner — Yea
Waldron — Yea
Wilk — Yea
Williams — Yea
Frazier — Yea
Hagman — Yea
Beth Gaines — Yea
Jim Patterson — Not Voting
Lorena Gonzalez — Yea
Mark Stone — Yea
Roger Hernández — Yea
V. Manuel Pérez — Yea
Bonta, Mia Democratic Yea
Calderon, Lisa Democratic Yea
Muratsuchi, Al Democratic Yea
Quirk-Silva, Sharon Democratic Yea
Dahle, Megan Republican Yea
Grove, Shannon Republican Not Voting
Jones, Brian W. Republican Yea

Official roll call →

Do pass.

Passed 14 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 13002
Democratic 1000
Total 14002
% of votes cast 88%0%0%13%
How each member voted (16)
Member Party Vote
Leno — Yea
Nielsen — Yea
Wyland — Not Voting
Corbett — Yea
Mitchell — Yea
Liu — Yea
Anderson — Not Voting
Beall — Yea
Block — Yea
Monning — Yea
Morrell — Yea
Roth — Yea
Torres — Yea
Hancock — Yea
Bill Berryhill — Yea
Jackson, Corey A. Democratic Yea

Official roll call →

AB 1469 BUDGET Assembly Third Reading By SKINNER

Passed 53 Yea · 21 Nay · 5 Other
Party YeaNayPresentNot Voting
Unaffiliated 491805
Democratic 4000
Republican 0300
Total 532105
% of votes cast 67%27%0%6%
How each member voted (79)
Member Party Vote
Achadjian — Not Voting
Alejo — Yea
Ammiano — Yea
Bigelow — Nay
Bloom — Yea
Bradford — Yea
Brown — Yea
Buchanan — Yea
Holden — Yea
Jones-Sawyer — Yea
Levine — Yea
Maienschein — Nay
Mansoor — Nay
Olsen — Nay
Rendon — Yea
Skinner — Yea
Waldron — Nay
Wieckowski — Yea
Williams — Yea
Campos — Yea
Allen — Nay
Gorell — Nay
Chau — Yea
Harkey — Not Voting
Linder — Not Voting
Logue — Nay
Chesbro — Yea
Chávez — Nay
Conway — Nay
Donnelly — Nay
Melendez — Nay
Nestande — Nay
Ting — Yea
Wagner — Nay
Weber — Yea
Wilk — Nay
Fox — Yea
Frazier — Yea
Gatto — Yea
Lowenthal — Yea
Gomez — Yea
Garcia — Yea
Gray — Yea
Atkins — Yea
Gordon — Yea
Fong — Yea
Bonilla — Yea
Bocanegra — Yea
John A. Pérez — Yea
Salas — Yea
Cooley — Yea
Dababneh — Yea
Daly — Yea
Dickinson — Yea
Eggman — Yea
Medina — Yea
Mullin — Yea
Nazarian — Yea
Pan — Yea
Perea — Yea
Quirk — Yea
Ridley-Thomas — Yea
Rodriguez — Yea
Yamada — Yea
Hagman — Nay
Hall — Yea
Beth Gaines — Nay
Jim Patterson — Nay
Lorena Gonzalez — Yea
Mark Stone — Yea
Roger Hernández — Not Voting
V. Manuel Pérez — Not Voting
Bonta, Mia Democratic Yea
Calderon, Lisa Democratic Yea
Muratsuchi, Al Democratic Yea
Quirk-Silva, Sharon Democratic Yea
Dahle, Megan Republican Nay
Grove, Shannon Republican Nay
Jones, Brian W. Republican Nay

Official roll call →

Subjects

finance labor education
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 1469 do?
The State Teacher's Retirement Law (STRL) creates the Defined Benefit Program of the State Teachers' Retirement Plan for the provision of benefits to members of the plan, which is administered by the Teachers' Retirement Board (board) . The Defined Benefit Program is funded by employer and employee contributions as well as investment returns and state appropriations. Employee and employer contributions are deposited in the Teachers' Retirement Fund, which is continuously appropriated. The Defined Benefit Program provides for an improvement factor, as defined, to be applied to monthly allowances or benefits of retired members of the system, as specified. STRL specifies that the Legislature reserves the right to adjust the amount of the improvement factor as economic conditions dictate, provided that an adjustment is prohibited from reducing the retirement allowance, annuity, or benefit below that which would have been payable to the recipient. Existing case law holds that the right to a pension is a contractually protected vested right and that the specific provisions of a pension system that a member earns through employment may be modified to the detriment of the member only if a comparable new advantage is provided. This bill, beginning July 1, 2014, would vest the improvement factor, as described above, as a benefit for an active member in any calendar year in which active members paid increased member contributions, pursuant to specified provisions. The bill would condition this vesting on the increased member contributions and if those contributions cease to be required, the Legislature would reserve the right to adjust the improvement factor, as specified. The bill would state that the vesting of the improvement factor is a comparable new advantage provided in exchange for the contribution increases and is contractually enforceable. The bill would also increase employer and state contributions to the Defined Benefit Program according to prescribed schedules, to be operative until July 1, 2046, or until the Director of Finance makes a certain determination of the status of these increases in connection with constitutionally required funding for schools or reimbursable mandates for local entities and provides notice of that determination, as specified. By increasing amounts deposited in a continuously appropriated fund, this bill would make an appropriation. This bill would prescribe requirements for any action or proceeding challenging the validity of any matter authorized by its provisions, including that any challenge be filed within 60 days. The bill would require, until July 1, 2046, that the Teachers' Retirement Board report to the Legislature on or before July 1, 2019, and every 5 years thereafter, on the fiscal health of the Defined Benefit Program and the unfunded actuarial obligation with respect to the service of certain members and funding adjustments needed to eliminate by June 30, 2046, those obligations, among other things. The bill would prescribe how excess contributions to the Defined Benefit Supplement account are to be returned. The bill make certain findings and declarations and conforming changes. The bill would provide that its provisions are not severable. This bill would declare that it is to take effect immediately as a bill providing for appropriations related to the Budget Bill.
Who sponsors AB 1469?
AB 1469 is sponsored by Torres and Bonta, Mia (Democratic).
What is the current status of AB 1469?
This bill has been enacted into law. Introduced January 09, 2014. Enacted.
Where can I track AB 1469?
Track AB 1469 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on AB 1469

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of AB 1469

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →