reglab/housing_qa huggingface dataset:
CA Educ Code § 24406 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 29 - Benefit Maintenance|Section 24406.

24406.  The first three hundred dollars ($300) of the monthly allowances payable to retired members, disabled members, and beneficiaries are increased as of July 1, 1978, for those members receiving allowances on July 1, 1978, if the member had less than 20 years of credited service, as follows:(a) For those with effective dates prior to July 1, 1972, 9 percent.(b) For those with effective dates from July 1, 1972, to June 30, 1973, 6 percent.(c) For those with effective dates from July 1, 1973, to June 30, 1974, 3 percent.(Amended by Stats. 1996, Ch. 634, Sec. 248. Effective January 1, 1997.)
CA Educ Code § 24407 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 29 - Benefit Maintenance|Section 24407.

24407.  (a) The monthly allowances payable to retired members, disabled members, and beneficiaries are increased as of January 1, 1980, for those persons receiving allowances with respect to members who retired or died prior to June 30, 1973, to the amount that results when the initial allowance that was received by those members is multiplied by the percentage set forth opposite the year of retirement or death in the following schedule:    Period During WhichRetirement or Death OccurredPercentageOn or before June 30, 1958  ........................ 180.412 months ending June 30, 1959  ........................ 175.812 months ending June 30, 1960  ........................ 172.212 months ending June 30, 1961  ........................ 169.812 months ending June 30, 1962  ........................ 167.812 months ending June 30, 1963  ........................ 165.512 months ending June 30, 1964  ........................ 163.012 months ending June 30, 1965  ........................ 159.812 months ending June 30, 1966  ........................ 156.712 months ending June 30, 1967  ........................ 153.112 months ending June 30, 1968  ........................ 147.512 months ending June 30, 1969  ........................ 141.612 months ending June 30, 1970  ........................ 134.512 months ending June 30, 1971  ........................ 128.712 months ending June 30, 1972  ........................ 124.512 months ending June 30, 1973  ........................ 119.6(b) For those retired members, disabled members, and beneficiaries receiving an allowance with an effective date prior to July 1, 1965, the initial allowance, for purposes of this section, shall be deemed to be the allowance payable on July 1, 1965. However, for purposes of determining the allowance payable under this section, the percentage corresponding to the actual year of retirement shall be applied.(Amended by Stats. 1996, Ch. 634, Sec. 249. Effective January 1, 1997.)
CA Educ Code § 24408 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 29 - Benefit Maintenance|Section 24408.

24408.  (a) The minimum unmodified allowance, exclusive of annuities from accumulated annuity deposit and tax-sheltered contributions, of a person retired prior to January 1, 1981, shall be an amount equal to at least sixteen dollars ($16) per month multiplied by the years of credited service. This guaranteed amount shall be increased as of October 1, 1980, and shall be reduced by the amount of an unmodified allowance payable from a local system based on service credited under this part. If the retirement was effective at less than age 60 years, this allowance shall be reduced by one-half of 1 percent for each full month or fraction of a month that would have elapsed until the retired member would have reached age 60 years. If the retired member elected to have the allowance modified under Option 2 or 3, the increase in the retired member’s allowance shall be modified under the option selected.(b) The board may make lump sum payments for increases between October 1, 1980, and January 1, 1981.(Amended by Stats. 1996, Ch. 634, Sec. 250. Effective January 1, 1997.)
CA Educ Code § 24409 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 29 - Benefit Maintenance|Section 24409.

24409.  The minimum unmodified allowance, exclusive of annuities from accumulated annuity deposit and tax-sheltered contributions, of (a) a person who retired on or before December 31, 1981, (b) the option beneficiary of a person who retired on or before December 31, 1981, or (c) a person receiving a monthly allowance in lieu of the death benefit payable on account of the death of a member whose death occurred prior to July 1, 1972, shall be an amount equal to at least eighteen dollars ($18) per month multiplied by the years of credited service. This guaranteed amount is increased as of September 1, 1981, and is applicable to allowances paid on and after September 1, 1981. If the retirement was effective at less than age 60 years, this allowance shall be reduced by one-quarter of 1 percent for each full month or fraction of a month that would have elapsed until the retired member reached age 55 years, and the allowance shall be reduced by one-half of 1 percent for each full month or fraction of a month between age 55 and age 60 years. If the retired member elected to have his or her allowance modified under Option 2 or 3, the increase in the retired member’s allowance shall be modified under the option selected.(Amended by Stats. 1996, Ch. 634, Sec. 251. Effective January 1, 1997.)
CA Educ Code § 24410 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 29 - Benefit Maintenance|Section 24410.

24410.  (a) If projected final compensation is used to calculate the service retirement allowance following the termination of the disability allowance or if the disability allowance is continued as the lesser of the two allowance calculations under Section 24212 or 24213, then the original disability allowance effective date shall be retained as the base date for purposes of determining postretirement benefit increases.(b) If the disability allowance effective date is used pursuant to subdivision (a), then for purposes of determining supplemental benefits pursuant to Sections 24412 and 24415, the base allowance shall be determined as follows:(1) If the disability allowance is continued pursuant to Section 24212 or 24213, the base allowance shall be equal to the disability allowance prior to all allowance increases made pursuant to this part.(2) If the disability allowance is not continued pursuant to Section 24212 or 24213, the base allowance shall be based on the factors used to calculate the service retirement allowance, except that projected final compensation shall be replaced with the final compensation upon which the disability allowance was based.(3) The base allowance determined pursuant to this subdivision shall be modified for an option, if applicable.(c) This section shall be applicable for determining the base date for applicable postretirement increases made on or after January 1, 1982.(d) This section shall only apply to service retirements effective the day after the termination date of the disability allowance.(Amended by Stats. 2016, Ch. 218, Sec. 36. (SB 1352) Effective January 1, 2017.)
CA Educ Code § 24410.7 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 29 - Benefit Maintenance|Section 24410.7.

24410.7.  (a) The monthly allowance payable on the effective date of this section, excluding annuities payable from accumulated annuity deposit contributions and tax-sheltered annuity contributions and benefits payable pursuant to Sections 24410.5 and 24410.6, to retired members and nonmember spouses, disabled members, and beneficiaries, including option beneficiaries, shall be increased by the percentage set forth opposite the applicable period during which retirement, disability, or death occurred set forth in the following schedule: Period during which retirement, disability, or death occurred:Percentage:36 months ending Dec. 31, 20000.0%12 months ending Dec. 31, 19971.0%24 months ending Dec. 31, 19962.0%60 months ending Dec. 31, 19943.0%60 months ending Dec. 31, 19894.0%120 months ending Dec. 31, 19845.0%Dec. 31, 1974 or earlier6.0%(b) The increase provided pursuant to this section is in addition to any payments received by a retired member or nonmember spouse, disabled member, or beneficiary, including an option beneficiary, under Section 24415.(c) If the monthly allowance payable is adjusted after the effective date of this section, the percentage increase applied on the effective date of this section shall be applied to the adjusted monthly allowance payable.(d) Benefits payable under this section shall be initially payable by the system on or before July 1, 2001.(Amended by Stats. 2007, Ch. 323, Sec. 15. Effective January 1, 2008.)
CA Educ Code § 24412 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 29 - Benefit Maintenance|Section 24412.

24412.  (a) The annual revenues deposited to the Teachers’ Retirement Fund pursuant to Section 6217.5 of the Public Resources Code are continuously appropriated without regard to fiscal year for the purposes of this section and shall be distributed annually in quarterly supplemental payments commencing on September 1 of each year to retired members, disabled members, and beneficiaries under the Defined Benefit Program. The amount available for distribution in any year shall be the income for that year from the sale or use of school lands and lieu lands, as estimated by the State Lands Commission prior to the beginning of the fiscal year, adjusted by the difference between the estimated and actual income for the preceding fiscal year. The board shall deduct from the revenues an amount necessary for administrative expenses to implement this section.(b) The net revenues to be distributed shall be allocated among those retired members, disabled members, and beneficiaries, as defined in subdivision (a) of Section 22107, whose allowances under the Defined Benefit Program, after applying the annual improvement factor as defined in Section 22140, if any, are below 80 percent of the purchasing power of the base allowance. The purchasing power calculation for each individual allowance shall be based on the change in the All Urban California Consumer Price Index between June of the calendar year of retirement and June of the fiscal year preceding the fiscal year of the distribution. The allocation shall provide a pro rata share of the amount needed to restore the allowance payable, after application of the current year annual improvement factor to 80 percent of the purchasing power of the base allowance.(c) The allowance increase shall not be applicable to annuities payable from the accumulated annuity deposit contributions or the accumulated tax-sheltered annuity contributions.(d) In any year that the net revenues from school lands and lieu lands is greater than that needed to adjust the allowances of all retired members, disabled members, and beneficiaries, as defined in subdivision (a) of Section 22107, under the Defined Benefit Program to 80 percent of the purchasing power of the base allowance, the net revenues in excess of that needed for distribution shall be used by the board to reduce the unfunded actuarial obligation of the fund, if any.(e) The board shall inform each recipient of supplemental payments under this section that the increases are not cumulative and are not part of the base allowance.(Amended by Stats. 2014, Ch. 755, Sec. 67. (SB 1220) Effective January 1, 2015.)
CA Educ Code § 24413 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 29 - Benefit Maintenance|Section 24413.

24413.  Notwithstanding Section 24412, revenues from school lands or lieu lands related to the claim of the State of California to the school lands within the area referred to as the Elk Hills Naval Petroleum Reserve, shall be deposited in the Supplemental Benefit Maintenance Account.(Amended by Stats. 1997, Ch. 939, Sec. 5. Effective January 1, 1998.)
CA Educ Code § 24416 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 29 - Benefit Maintenance|Section 24416.

24416.  (a) If the board determines by June 30 of the then current fiscal year that the Supplemental Benefit Maintenance Account will not have sufficient funds to provide purchasing power protection benefits, as established in this chapter, of at least 80 percent for the subsequent fiscal year, the board, for that year, may do either, or a combination of the following:(1) Increase the employer contribution rate commencing in the next fiscal year by an amount that would provide sufficient funds for no more than the estimated difference between the funds in the Supplemental Benefit Maintenance Account and the amount needed to pay the benefit level specified by the board, provided the benefit level is no more than 85 percent. Notwithstanding any other provision of this part, the increase in the employer contribution rate shall only become operative if the increase is approved or authorized in the Budget Act.(2) Reduce the supplemental benefit payment for the subsequent fiscal year to the amount that can be funded by the available funds in the Supplemental Benefit Maintenance Account.(b) If the board finds that there is no unfunded obligation, as determined by the board’s professional consulting actuary and affirmed by the Director of Finance, then in addition to the authority pursuant to subdivision (a), the board may transfer to an auxiliary Supplemental Benefit Maintenance Account, from any funds that are in excess of the amount needed to fund fully the benefits for which the Teachers’ Retirement Fund is liable, an amount that would provide sufficient funds for no more than the estimated difference between the funds in the Supplemental Benefit Maintenance Account and the amount needed to pay the benefit level specified by the board, provided the benefit level is no more than 85 percent.(c) If the board increases the employer contribution rate pursuant to paragraph (1) of subdivision (a), the increase between the current fiscal year contribution rate and the contribution rate in the next fiscal year, shall not exceed one-quarter of 1 percent of the creditable compensation upon which contributions are based.(Amended by Stats. 2008, Ch. 751, Sec. 15. Effective September 30, 2008.)
CA Educ Code § 24500 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 30 - Subrogation|Section 24500.

24500.  If a disability retirement allowance, disability allowance, family allowance, or survivor benefit allowance is payable under this part due to the injury to or death of a member and the injury or death is the proximate consequence of the act of a third person or entity, other than the member’s employer, the board may recover from that person or entity on behalf of the plan, an amount equal to the actuarial equivalent of benefits the system paid and became obligated to pay under the plan because of the injury to or death of the member less any amounts the system may be obligated to pay under the plan without regard to the actions of the third party. In determining the amount the system may be obligated to pay without regard to the actions of the third party, the system shall base the actuarial equivalent only on creditable compensation and service credit earned by the member prior to the date the disability retirement allowance, disability allowance, family allowance, or survivor benefit allowance becomes payable. This chapter shall be deemed to create a right of subrogation only to amounts the system paid and became obligated to pay as disability retirement allowances, disability allowances, family allowances, or survivor benefit allowances.(Amended by Stats. 2017, Ch. 298, Sec. 13. (AB 1325) Effective January 1, 2018.)
CA Educ Code § 24501 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 30 - Subrogation|Section 24501.

24501.  The board may act on its own or contract with the State Compensation Insurance Fund or Attorney General for recovery on behalf of the plan of any amounts recoverable from third persons under this chapter, Chapter 5 (commencing with Section 3850) of Part 1 of Division 4 of the Labor Code, Section 11662 of the Insurance Code, or otherwise.(Amended by Stats. 1996, Ch. 634, Sec. 257. Effective January 1, 1997.)
CA Educ Code § 24502 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 30 - Subrogation|Section 24502.

24502.  In the exercise of its rights under this part, the board or the agent under contract may commence or prosecute actions, file liens, intervene in court proceedings, join parties to the action and consolidate actions all in the same manner and to the same extent provided in Chapter 5 (commencing with Section 3850) of Part 1 of Division 4 of the Labor Code except that recovery shall not be made from benefits payable under this part because of the injury or death.(Repealed and added by Stats. 1993, Ch. 893, Sec. 2. Effective January 1, 1994.)
CA Educ Code § 24503 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 30 - Subrogation|Section 24503.

24503.  The board may compromise claims before or after commencement of suit or entry of judgment for an amount as may be approved by a person duly authorized by the board for that purpose.(Amended by Stats. 2017, Ch. 298, Sec. 14. (AB 1325) Effective January 1, 2018.)
CA Educ Code § 24504 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 30 - Subrogation|Section 24504.

24504.  Any amount recovered by way of subrogation by the board on behalf of the member, shall be applied first to the amount which the plan paid or is obligated to pay including court costs, attorney fees, and expenses.(Amended by Stats. 1996, Ch. 634, Sec. 258. Effective January 1, 1997.)
CA Educ Code § 24505 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 30 - Subrogation|Section 24505.

24505.  Actions brought by the board or its agent under contract pursuant to this chapter shall be commenced within three years after the liability of the system to pay benefits under the plan is fixed. Liability of the plan is fixed at the time the board approves the payment of benefits under this plan.(Amended by Stats. 1998, Ch. 965, Sec. 202. Effective January 1, 1999.)
CA Educ Code § 24601 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 31 - Procedures Concerning Payment|Section 24601.

24601.  Whenever the system determines that payments in the correct amount due cannot be made when payable because required information or documentation is not yet on file in the system, payment of estimated allowances based on preliminary information in the possession of the system may be made, the system may present claims therefore, and the Controller shall draw warrants in payment of the claims.(Repealed and added by Stats. 1993, Ch. 893, Sec. 2. Effective January 1, 1994.)
CA Educ Code § 24602 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 31 - Procedures Concerning Payment|Section 24602.

24602.  The board may establish a special account and procedures to pay, on an emergency basis, allowances, death payments and up to 75 percent of the return of the balance of the accumulated retirement contributions as a result of termination of employment or death. Disbursements under the special account shall be by checks issued by the system and subject to the auditing requirements of the Controller. Payments under the special account shall be deducted from allowances, death benefits, and payment of accumulated retirement contributions, otherwise due.(Repealed and added by Stats. 1993, Ch. 893, Sec. 2. Effective January 1, 1994.)
CA Educ Code § 24603 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 31 - Procedures Concerning Payment|Section 24603.

24603.  If any estimated allowances under this part are more or less than the correct amount due, the difference between the correct amount and the estimated allowance shall be adjusted in subsequent payments or the Controller may state an account with the retired member, disabled member, or beneficiary, pursuant to Section 12419 of the Government Code.(Amended by Stats. 1998, Ch. 965, Sec. 205. Effective January 1, 1999.)