Article 6. Primary Education Model Curriculum For Lifelong Health, Aging, And Financial Literacy of California Education Code >> Division 4. >> Title 2. >> Part 28. >> Chapter 2. >> Article 6.

(a) The Legislature finds and declares all of the following:
  (1) There are profound personal and financial implications for Californians associated with the average life expectancy steadily increasing toward 100 years of age.
  (2) The savings rate among "boomers" continues to drop, while their cumulative debt continues to rise.
  (3) A majority of workers choose to "cash out" of their employment savings plans when changing jobs, rather than transferring the accounts upon job changes and maintaining their savings in these accounts.
  (4) It is estimated that 40 to 50 percent of "boomers" will likely find themselves living their later years in financial hardship.
  (5) Californians should be financially prepared for, and aware of, the lifelong health issues associated with later life.
  (b) It is the intent of the Legislature to enact legislation that will result in the education of all Californians regarding our prospect of becoming an "aging" state, including education as to all of the following:
  (1) The changes we can expect in the later years of our lives.
  (2) The changes we can expect of a society that is growing older.
  (3) How we can be better prepared to sustain ourselves and our society in the coming years.
  (4) The financial realities of living for a century.
  (5) The importance of saving and financial planning.
  (6) The financial benefits of healthful living and disease prevention.
  (7) A new vision of aging, thereby dispelling ageist myths.
  (8) An understanding of chronic disease and illness, with an emphasis on disease prevention and health in later life.

(a) It is the intent of the Legislature to enact legislation to establish educational requirements in order to instill in California's youth a sense of importance about lifelong financial planning and preparation, including, among other things, the costs of health care, in a much-extended later life.
  (b) Educational institutions have developed a model curriculum in lifelong healthy aging and financial preparedness, with materials, free of charge, for the Superintendent of Public Instruction to disseminate to school teachers at the local level.
  (c) The Superintendent of Public Instruction shall make this existing curriculum available to teachers, using materials that are currently available at no cost, with information and links provided through the Internet, in order to provide to students in grades 7 to 12, inclusive, instruction on human growth, human development, and financial preparedness.

Concurrently with, but not prior to, the next revision of textbooks or curriculum frameworks in the social sciences, health, and mathematics curricula, the state board shall ensure that these academic areas integrate components of human growth, human development, and human contribution to society, across the life course, and also financial literacy, including, but not limited to, budgeting and managing credit, student loans, consumer debt, and identity theft security.