Government Of Counties — California Government Code — Employees — County Employees Retirement Law Of 1937 — Retirement Of Safety Members For Service — Current service pension or current service pension combined with prior service pension

Current through the 2016 Legislative Session

(a) This section may be made applicable in any county on the first day of the month after the board of supervisors of the county adopts, by majority vote, a resolution providing that this section shall become applicable in the county.

(b) Notwithstanding any other provisions of this chapter, the current service pension or the current service pension combined with the prior service pension is an additional pension for safety members purchased by the contributions of the county or district sufficient when added to the service retirement annuity to equal 3 percent of the member's final compensation set forth opposite his or her age at retirement, taken to the preceding completed quarter year, in the following table, multiplied by the number of years of current service or years of current and prior service with which the member is entitled to be credited at retirement. In no event shall the total retirement allowance exceed the limitation of the safety member's final compensation as set forth in Section 31676.1, as it now reads or may hereafter be amended to read.

Age at Retirement Fraction 41 ................................. .6258 41 1/4 ............................. .6350 41 1/2 ............................. .6442 41 3/4 ............................. .6533 42 ................................. .6625 42 1/4 ............................. .6720 42 1/2 ............................. .6814 42 3/4 ............................. .6909 43 ................................. .7004 43 1/4 ............................. .7102 43 1/2 ............................. .7200 43 3/4 ............................. .7299 44 ................................. .7397 44 1/4 ............................. .7499 44 1/2 ............................. .7601 44 3/4 ............................. .7703 45 ................................. .7805 45 1/4 ............................. .7910 45 1/2 ............................. .8016 45 3/4 ............................. .8121 46 ................................. .8226 46 1/4 ............................. .8339 46 1/2 ............................. .8452 46 3/4 ............................. .8586 47 ................................. .8678 47 1/4 ............................. .8780 47 1/2 ............................. .8882 47 3/4 ............................. .8983 48 ................................. .9085 48 1/4 ............................. .9194 48 1/2 ............................. .9304 48 3/4 ............................. .9413 49 ................................. .9522 49 1/4 ............................. .9641 49 1/2 ............................. .9761 49 3/4 ............................. .9880 50 and over ........................ 1.0000 (c) Contributions shall not be made by safety members having credit for 30 years of continuous service.

Ca. Gov. Code § 31664.1

Added by Stats 2000 ch 237 (AB 1937), s 2, eff. 1/1/2001.