California Government Code Section 31676.12

CA Govt Code § 31676.12 (2017)  

This section may be made applicable in any county on the first day of the month after the board of supervisors of such county adopts by majority vote, a resolution providing that this section shall become applicable in such county. 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 members purchased by the contributions of the county or district sufficient, when added to the service retirement annuity, to equal the fraction of one-fiftieth of the member’s final compensation set forth opposite the member’s 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, but in no event shall the total retirement allowance exceed the member’s final compensation.

Age at Retirement

Fraction

50  ........................

.6681

50¼  ........................

.6775

50½  ........................

.6869

50¾  ........................

.6962

51  ........................

.7056

51¼  ........................

.7156

51½  ........................

.7255

51¾  ........................

.7355

52  ........................

.7454

52¼  ........................

.7561

52½  ........................

.7668

52¾  ........................

.7775

53  ........................

.7882

53¼  ........................

.7998

53½  ........................

.8114

53¾  ........................

.8230

54  ........................

.8346

54¼  ........................

.8472

54½  ........................

.8598

54¾  ........................

.8724

55  ........................

.8850

55¼  ........................

.8987

55½  ........................

.9125

55¾  ........................

.9262

56  ........................

.9399

56¼  ........................

.9549

56½  ........................

.9699

56¾  ........................

.9849

57  ........................

1.0000

57¼  ........................

1.0111

57½  ........................

1.0223

57¾  ........................

1.0335

58  ........................

1.0447

58¼  ........................

1.0597

58½  ........................

1.0747

58¾  ........................

1.0898

59  ........................

1.1048

59¼  ........................

1.1207

59½  ........................

1.1367

59¾  ........................

1.1526

60  ........................

1.1686

60¼  ........................

1.1855

60½  ........................

1.2025

60¾  ........................

1.2195

61  ........................

1.2365

61¼  ........................

1.2547

61½  ........................

1.2729

61¾  ........................

1.2911

62 and over  ........................

1.3093

In any county operating under this section any limitation in any provisions of this chapter upon the amount of compensation used for computing rates of contributions shall be disregarded.

Whenever in this chapter reference is made to survivorship and other benefits and rights under Section 31676.1, the same shall apply to this section.

(Amended by Stats. 1976, Ch. 1436.)

Last modified: October 25, 2018