Plain English Breakdown
The bill summary does not provide specific details about which law's name is being updated, only that it is a non-substantive change to an existing provision naming the law.
State Teachers' Retirement System
AB-1451 makes a minor, non-substantive update to the name of an existing law concerning the State Teachers’ Retirement Law.
What This Bill Does
- Updates the name of an existing law about the State Teachers’ Retirement System (STRS) without changing its content.
Terms To Know
- Defined Benefit Program
- A retirement plan that guarantees a specific amount of money to members based on their salary and years worked.
- State Teachers' Retirement System (STRS)
- The system in California that manages retirement benefits for teachers.
Limits and Unknowns
- This bill does not change how the State Teachers’ Retirement System operates or affects members.
- It only updates the name of an existing law without changing its content.