Cal. Gov. Code § 31676.15

Current through the 2024 Legislative Session.

Section 31676.15 - Current service pension or current service pension combined with prior service pension

(a) Except as provided in subdivision (d), this section may be made applicable in any county which has implemented the provisions of Article 15.6 (commencing with Section 31855). This section shall be applicable if a majority of all the members of the board of supervisors vote to adopt a resolution so to do and a majority of the members of the affected class or classes voting at an election held during 1974, with more than 50 percent of the members participating, favor the termination of retirement benefits under social security. The resolution may specify a date subsequent to the date of adoption of the resolution as the operative date for this section.

(b)

(1) 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 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 ........................		.7454
501/4 ........................		.7561
501/2 ........................		.7668
503/4................		.7775
51 ........................		.7882
511/4 ........................		.7998
511/2 ........................		.8114
513/4................		.8230
52 ........................		.8346
521/4 ........................		.8472
521/2 ........................		.8598
523/4................		.8724
53 ........................		.8850
531/4 ........................		.8987
531/2 ........................		.9125
533/4................		.9262
54 ........................		.9399
541/4 ........................		.9549
541/2 ........................		.9699
543/4................		.9849
55 ........................		1.0000
551/4 ........................		1.0111
551/2 ........................		1.0223
553/4................		1.0335
56 ........................		1.0447
561/4 ........................		1.0597
561/2 ........................		1.0747
563/4................		1.0898
57 ........................		1.1048
571/4 ........................		1.1207
571/2 ........................		1.1367
573/4................		1.1526
58 ........................		1.1686
581/4 ........................		1.1855
581/2 ........................		1.2025
583/4................		1.2195
59 ........................		1.2365
591/4 ........................		1.2547
591/2 ........................		1.2729
593/4................		1.2911
60 ........................		1.3093
601/4 ........................		1.3221
601/2 ........................		1.3350
603/4................		1.3479
61 ........................		1.3608
611/4 ........................		1.3736
611/2 ........................		1.3865
613/4................		1.3994
62 ........................		1.4123
621/4 ........................		1.4251
621/2 ........................		1.4380
623/4................		1.4509
63 ........................		1.4638
631/4 ........................		1.4766
631/2 ........................		1.4895
633/4................		1.5024
64 ........................		1.5153
641/4 ........................		1.5281
641/2 ........................		1.5410
643/4................		1.5539
65 ........................		1.5668

(2) 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.

(c) 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.

(d) Notwithstanding the requirements of subdivision (a), the provisions of this section shall be applicable in a county of the 12th Class, as described in Sections 28020 and 28033, after the board of supervisors of the county adopts a resolution to do so. The provisions adopted pursuant to this subdivision may be made applicable without regard to the requirement of implementing Article 15.6 (commencing with Section 31855) or the requirement of terminating benefits under social security. The provisions adopted pursuant to this subdivision shall apply only to either of the following:

(1) Members first hired by the county on and after the date this section becomes operative in the county.

(2) Members represented by Service Employees International Union Local 521 whose retirement benefits were established pursuant to Section 31676.16 prior to the date this section becomes operative in the county.

Ca. Gov. Code § 31676.15

Amended by Stats 2007 ch 86 (AB 1255),s 2, eff. 7/17/2007.