California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 2. GOVERNMENT OF THE STATE OF CALIFORNIA |
Division 5. PERSONNEL |
Part 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM |
Chapter 13. Retirement Benefits |
ARTICLE 3. Cost-of-Living Adjustments |
Section 21311.
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The following definitions shall govern the application of this article:
(a) "Monthly allowance" means any allowance payable monthly to a retired person, a survivor or beneficiary of a member or a retired person, other than a monthly installment of a basic death benefit, the commuted value of an unpaid temporary annuity, or an optional settlement 1, or allowances payable under Article 3 (commencing with Section 21570) of Chapter 14. There shall be excluded from the monthly allowance, for purposes of any adjustment under this article, any portion of the allowance derived from accumulated additional contributions of a member.
(b) "Base allowance" means the amount of monthly allowance that would be payable to the recipient at the time of an annual adjustment under this article had this article not been enacted.
(c) Effective January 1, 1978, "Consumer Price Index" means the United States city average "Consumer Price Index for All Urban Consumers." The "Consumer Price Index" for any period prior to January 1, 1978, means the United States city average consumer price index. Should the reference base of the consumer price indices (presently 1957–59=100) be changed, each of the indices used to determine the consumer price index as defined in this section will be the indices converted to the new base by standard statistical methods.
(d) "Base year" means:
(1) The calendar year 1965 for all members whose retirement occurred prior to January 1, 1966, and for the beneficiaries and survivors of those retired members.
(2) The calendar year of retirement for all members whose retirement occurs after December 31, 1965, and for the beneficiaries and survivors of those members.
(3) The calendar year 1965 for survivors of members whose death occurred before January 1, 1966.
(4) The calendar year in which a member's death occurs for survivors of members whose death occurred before retirement and on or after January 1, 1966.