Section 21076.5.  


Latest version.
  • (a) The service retirement allowance for a state miscellaneous or state industrial member who first becomes a member on or after January 1, 2013, who has elected the benefits of this section is a pension equal to the fraction of one-hundredth 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 member's number of years of state miscellaneous service:

    Age of Retirement

    Fraction

    52 ........................

    ??0.6500

    521/4 ........................

    ??0.6600

    521/2 ........................

    ??0.6700

    523/4 ........................

    ??0.6800

    53 ........................

    ??0.6900

    531/4 ........................

    ??0.7000

    531/2 ........................

    ??0.7100

    533/4 ........................

    ??0.7200

    54 ........................

    ??0.7300

    541/4 ........................

    ??0.7400

    541/2 ........................

    ??0.7500

    543/4 ........................

    ??0.7600

    55 ........................

    ??0.7700

    551/4 ........................

    ??0.7800

    551/2 ........................

    ??0.7900

    553/4 ........................

    ??0.8000

    56 ........................

    ??0.8100

    561/4 ........................

    ??0.8200

    561/2 ........................

    ??0.8300

    563/4 ........................

    ??0.8400

    57 ........................

    ??0.8500

    571/4 ........................

    ??0.8600

    571/2 ........................

    ??0.8700

    573/4 ........................

    ??0.8800

    58 ........................

    ??0.8900

    581/4 ........................

    ??0.9000

    581/2 ........................

    ??0.9100

    583/4 ........................

    ??0.9200

    59 ........................

    ??0.9300

    591/4 ........................

    ??0.9400

    591/2 ........................

    ??0.9500

    593/4 ........................

    ??0.9600

    60 ........................

    ??0.9700

    601/4 ........................

    ??0.9800

    601/2 ........................

    ??0.9900

    603/4 ........................

    ??1.0000

    61 ........................

    ??1.0100

    611/4 ........................

    ??1.0200

    611/2 ........................

    ??1.0300

    613/4 ........................

    ??1.0400

    62 ........................

    ??1.0500

    621/4 ........................

    ??1.0600

    621/2 ........................

    ??1.0700

    623/4 ........................

    ??1.0800

    63 ........................

    ??1.0900

    631/4 ........................

    ??1.1000

    631/2 ........................

    ??1.1100

    633/4 ........................

    ??1.1200

    64 ........................

    ??1.1300

    641/4 ........................

    ??1.1400

    641/2 ........................

    ??1.1500

    643/4 ........................

    ??1.1600

    65 ........................

    ??1.1700

    651/4 ........................

    ??1.1800

    651/2 ........................

    ??1.1900

    653/4 ........................

    ??1.2000

    66 ........................

    ??1.2100

    661/4 ........................

    ??1.2200

    661/2 ........................

    ??1.2300

    663/4 ........................

    ??1.2400

    67 ........................

    ??1.2500

    (b) This section shall not apply to a National Guard member.

(Added by Stats. 2012, Ch. 296, Sec. 26. Effective January 1, 2013.)