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CA AB2519
Bill
Status
2/20/2026
Primary Sponsor
Tina McKinnor
Click for details
AI Summary
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Extends the filing deadline for State Teachers' Retirement System (STRS) Cash Balance Benefit Program election forms from 60 to 90 calendar days after the first day of employment or other triggering dates
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Increases the timeframe for STRS headquarters to receive signed election forms from 60 to 90 calendar days after the employee's signature
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Applies to part-time employees working less than 50% of full-time who elect to participate in the Cash Balance Benefit Program instead of the Defined Benefit Program
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Also extends the 60-day to 90-day period for members who later elect to switch from Cash Balance back to Defined Benefit Program coverage
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Introduced by Assembly Member McKinnor and amended March 9, 2026
Legislative Description
Cash Balance Benefit Program: member election: filing timeframe.
Last Action
Re-referred to Com. on P. E. & R.
3/10/2026