Section 31664.2.  


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  ........................

    .4777

    41¼  ........................

    .4848

    41½  ........................

    .4918

    41¾  ........................

    .4987

    42  ........................

    .5058

    42¼  ........................

    .5130

    42½  ........................

    .5202

    42¾  ........................

    .5274

    43  ........................

    .5347

    43¼  ........................

    .5422

    43½  ........................

    .5497

    43¾  ........................

    .5572

    44  ........................

    .5647

    44¼  ........................

    .5725

    44½  ........................

    .5803

    44¾  ........................

    .5881

    45  ........................

    .5958

    45¼  ........................

    .6039

    45½  ........................

    .6120

    45¾  ........................

    .6200

    46  ........................

    .6280

    46¼  ........................

    .6366

    46½  ........................

    .6452

    46¾  ........................

    .6555

    47  ........................

    .6625

    47¼  ........................

    .6703

    47½  ........................

    .6781

    47¾  ........................

    .6858

    48  ........................

    .6936

    48¼  ........................

    .7019

    48½  ........................

    .7103

    48¾  ........................

    .7186

    49  ........................

    .7269

    49¼  ........................

    .7360

    49½  ........................

    .7452

    49¾  ........................

    .7543

    50  ........................

    .7634

    50¼  ........................

    .7733

    50½  ........................

    .7832

    50¾  ........................

    .7930

    51  ........................

    .8028

    51¼  ........................

    .8135

    51½  ........................

    .8242

    51¾  ........................

    .8349

    52  ........................

    .8457

    52¼  ........................

    .8574

    52½  ........................

    .8691

    52¾  ........................

    .8808

    53  ........................

    .8926

    53¼  ........................

    .9053

    53½  ........................

    .9182

    53¾  ........................

    .9310

    54  ........................

    .9418

    54¼  ........................

    .9579

    54½  ........................

    .9718

    54¾  ........................

    .9860

    55 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. 3. Effective January 1, 2001.)