Section 21100.


Latest version.
  • (a) The service retirement allowance for a local miscellaneous member who is subject to this article is a pension derived from the contributions of the employer sufficient, when added to the service retirement annuity that is derived from the accumulated normal contributions of the member at the date of retirement, to equal 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 local miscellaneous service subject to this article:

    Fraction

    50  ........................

     .5000

    50¼  ........................

     .5167

    50½  ........................

     .5334

    50¾  ........................

     .5500

    51  ........................

     .5667

    51¼  ........................

     .5834

    51½  ........................

     .6000

    51¾  ........................

     .6167

    52  ........................

     .6334

    52¼  ........................

     .6500

    52½  ........................

     .6667

    52¾  ........................

     .6834

    53  ........................

     .7000

    53¼  ........................

     .7167

    53½  ........................

     .7334

    53¾  ........................

     .7500

    54  ........................

     .7667

    54¼  ........................

     .7834

    54½  ........................

     .8000

    54¾  ........................

     .8167

    55  ........................

     .8334

    55¼  ........................

     .8500

    55½  ........................

     .8667

    55¾  ........................

     .8834

    56  ........................

     .9000

    56¼  ........................

     .9167

    56½  ........................

     .9334

    56¾  ........................

     .9500

    57  ........................

     .9667

    57¼  ........................

     .9834

    57½  ........................

    1.0000

    57¾  ........................

    1.0167

    58  ........................

    1.0334

    58¼  ........................

    1.0500

    58½  ........................

    1.0667

    58¾  ........................

    1.0834

    59  ........................

    1.1000

    59¼  ........................

    1.1167

    59½  ........................

    1.1334

    59¾  ........................

    1.1500

    60  ........................

    1.1667

    60¼  ........................

    1.1834

    60½  ........................

    1.2000

    60¾  ........................

    1.2167

    61  ........................

    1.2334

    61¼  ........................

    1.2500

    61½  ........................

    1.2667

    61¾  ........................

    1.2834

    62  ........................

    1.3000

    62¼  ........................

    1.3167

    62½  ........................

    1.3334

    62¾  ........................

    1.3500

    63  ........................

    1.3667

    63¼  ........................

    1.3834

    63½  ........................

    1.4000

    63¾  ........................

    1.4167

    64  ........................

    1.4334

    64¼  ........................

    1.4500

    64½  ........................

    1.4667

    64¾  ........................

    1.4834

    65  ........................

    1.5000

    (b) The service retirement allowance for a local miscellaneous member who, pursuant to Section 21095, elects to be subject to this article shall be the sum of the allowance for service rendered subsequent to the effective date of the election computed pursuant to subdivision (a) of this section, added to the allowance for service rendered as a local miscellaneous member prior to the effective date of the election, computed pursuant to the formula specified in the employer's contract with the board.

(Repealed and added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)