Section 31664.1.  


Latest version.
  • (a) This section may be made applicable in any county on the first day of the month after the board of supervisors of the county adopts, by majority vote, a resolution providing that this section shall become applicable in the county.

    (b) 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 safety members purchased by the contributions of the county or district sufficient when added to the service retirement annuity to equal 3 percent of the member's final compensation set forth opposite his or her 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. In no event shall the total retirement allowance exceed the limitation of the safety member's final compensation as set forth in Section 31676.1, as it now reads or may hereafter be amended to read.

    Age at
    Retirement

    Fraction

    41  ........................

    .6258

    41¼  ........................

    .6350

    41½  ........................

    .6442

    41¾  ........................

    .6533

    42  ........................

    .6625

    42¼  ........................

    .6720

    42½  ........................

    .6814

    42¾  ........................

    .6909

    43  ........................

    .7004

    43¼  ........................

    .7102

    43½  ........................

    .7200

    43¾  ........................

    .7299

    44  ........................

    .7397

    44¼  ........................

    .7499

    44½  ........................

    .7601

    44¾  ........................

    .7703

    45  ........................

    .7805

    45¼  ........................

    .7910

    45½  ........................

    .8016

    45¾  ........................

    .8121

    46  ........................

    .8226

    46¼  ........................

    .8339

    46½  ........................

    .8452

    46¾  ........................

    .8586

    47  ........................

    .8678

    47¼  ........................

    .8780

    47½  ........................

    .8882

    47¾  ........................

    .8983

    48  ........................

    .9085

    48¼  ........................

    .9194

    48½  ........................

    .9304

    48¾  ........................

    .9413

    49  ........................

    .9522

    49¼  ........................

    .9641

    49½  ........................

    .9761

    49¾  ........................

    .9880

    50 and over   ........................

    1.0000

    (c) Contributions shall not be made by safety members having credit for 30 years of continuous service.

(Added by Stats. 2000, Ch. 237, Sec. 2. Effective January 1, 2001.)