Section 31676.12.  


Latest version.
  • This section may be made applicable in any county on the first day of the month after the board of supervisors of such county adopts by majority vote, a resolution providing that this section shall become applicable in such county. 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 members purchased by the contributions of the county or district sufficient, when added to the service retirement annuity, to equal the fraction of one-fiftieth 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 number of years of current service or years of current and prior service with which the member is entitled to be credited at retirement, but in no event shall the total retirement allowance exceed the member's final compensation.

    Age at
    Retirement

    Fraction

    50  ........................

    .6681

    50¼  ........................

    .6775

    50½  ........................

    .6869

    50¾  ........................

    .6962

    51  ........................

    .7056

    51¼  ........................

    .7156

    51½  ........................

    .7255

    51¾  ........................

    .7355

    52  ........................

    .7454

    52¼  ........................

    .7561

    52½  ........................

    .7668

    52¾  ........................

    .7775

    53  ........................

    .7882

    53¼  ........................

    .7998

    53½  ........................

    .8114

    53¾  ........................

    .8230

    54  ........................

    .8346

    54¼  ........................

    .8472

    54½  ........................

    .8598

    54¾  ........................

    .8724

    55  ........................

    .8850

    55¼  ........................

    .8987

    55½  ........................

    .9125

    55¾  ........................

    .9262

    56  ........................

    .9399

    56¼  ........................

    .9549

    56½  ........................

    .9699

    56¾  ........................

    .9849

    57  ........................

    1.0000

    57¼  ........................

    1.0111

    57½  ........................

    1.0223

    57¾  ........................

    1.0335

    58  ........................

    1.0447

    58¼  ........................

    1.0597

    58½  ........................

    1.0747

    58¾  ........................

    1.0898

    59  ........................

    1.1048

    59¼  ........................

    1.1207

    59½  ........................

    1.1367

    59¾  ........................

    1.1526

    60  ........................

    1.1686

    60¼  ........................

    1.1855

    60½  ........................

    1.2025

    60¾  ........................

    1.2195

    61  ........................

    1.2365

    61¼  ........................

    1.2547

    61½  ........................

    1.2729

    61¾  ........................

    1.2911

    62 and over  ........................

    1.3093

    In any county operating under this section any limitation in any provisions of this chapter upon the amount of compensation used for computing rates of contributions shall be disregarded.

    Whenever in this chapter reference is made to survivorship and other benefits and rights under Section 31676.1, the same shall apply to this section.

(Amended by Stats. 1976, Ch. 1436.)