Teachers' Retirement Board v. Genest
California Court of Appeal
1Opinion of the Court
Opinion
SCOTLAND, P. J.
While California was in a period of fiscal plight in 2003, the Legislature passed, and Governor Davis signed, Senate Bill No. 20X1 (2003-2004 1st. Ex. Sess.) (Senate Bill 20), reducing the state’s obligation to fund the Supplemental Benefit Maintenance Account of the Teachers’ Retirement Fund by $500 million for fiscal year 2003-2004.
The Teachers’ Retirement Board (TRB), as manager of the California State Teachers’ Retirement System (CalSTRS), then filed a petition for writ of mandate and a complaint for declaratory and injunctive relief against the Director of the…
2Cases cited35 opinions
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