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California Proposition 6, Investment of the Teachers' Retirement Fund Amendment (1970)

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California Proposition 6
Flag of California.png
Election date
November 3, 1970
Topic
Education
Status
Approveda Approved
Type
Constitutional amendment
Origin
State legislature

California Proposition 6 was on the ballot as a legislatively referred constitutional amendment in California on November 3, 1970. It was approved.

A “yes” vote supported allowing funds from the Teachers' Retirement Fund to be invested in specific securities.

A “no” vote opposed allowing funds from the Teachers' Retirement Fund to be invested in specific securities.


Election results

California Proposition 6

Result Votes Percentage

Approved Yes

3,670,780 68.16%
No 1,714,935 31.84%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 6 was as follows:

Teachers' Retirement Fund: Investments

Ballot summary

The ballot summary for this measure was:

Legislative Constitutional Amendment. Deletes exclusion of Teachers' Retirement Fund from provision authorizing investment of portion of public retirement funds in specific securities.

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Amending the California Constitution

A two-thirds vote was needed in each chamber of the California State Legislature to refer the constitutional amendment to the ballot for voter consideration.

See also


External links

Footnotes