Section 31676.15.  


Latest version.
  • (a) Except as provided in subdivision (d), this section may be made applicable in any county which has implemented the provisions of Article 15.6 (commencing with Section 31855). This section shall be applicable if a majority of all the members of the board of supervisors vote to adopt a resolution so to do and a majority of the members of the affected class or classes voting at an election held during 1974, with more than 50 percent of the members participating, favor the termination of retirement benefits under social security. The resolution may specify a date subsequent to the date of adoption of the resolution as the operative date for this section.

    (b) (1) 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 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  ........................

    .7454

    50¼  ........................

    .7561

    50½  ........................

    .7668

    50¾  ........................

    .7775

    51  ........................

    .7882

    51¼  ........................

    .7998

    51½  ........................

    .8114

    51¾  ........................

    .8230

    52  ........................

    .8346

    52¼  ........................

    .8472

    52½  ........................

    .8598

    52¾ ........................  

    .8724

    53  ........................

    .8850

    53¼  ........................

    .8987

    53½  ........................

    .9125

    53¾  ........................

    .9262

    54  ........................

    .9399

    54¼  ........................

    .9549

    54½  ........................

    .9699

    54¾ ........................  

    .9849

    55  ........................

    1.0000

    55¼  ........................

    1.0111

    55½  ........................

    1.0223

    55¾  ........................

    1.0335

    56  ........................

    1.0447

    56¼  ........................

    1.0597

    56½  ........................

    1.0747

    56¾  ........................

    1.0898

    57  ........................

    1.1048

    57¼  ........................

    1.1207

    57½  ........................

    1.1367

    57¾  ........................

    1.1526

    58 ........................  

    1.1686

    58¼  ........................

    1.1855

    58½  ........................

    1.2025

    58¾  ........................

    1.2195

    59  ........................

    1.2365

    59¼  ........................

    1.2547

    59½  ........................

    1.2729

    59¾  ........................

    1.2911

    60  ........................

    1.3093

    60¼  ........................

    1.3221

    60½  ........................

    1.3350

    60¾  ........................

    1.3479

    61  ........................

    1.3608

    61¼  ........................

    1.3736

    61½  ........................

    1.3865

    61¾  ........................

    1.3994

    62  ........................

    1.4123

    62¼  ........................

    1.4251

    62½  ........................

    1.4380

    62¾  ........................

    1.4509

    63  ........................

    1.4638

    63¼  ........................

    1.4766

    63½  ........................

    1.4895

    63¾  ........................

    1.5024

    64  ........................

    1.5153

    64¼  ........................

    1.5281

    64½  ........................

    1.5410

    64¾  ........................

    1.5539

    65  ........................

    1.5668

    (2) 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.

    (c) 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.

    (d) Notwithstanding the requirements of subdivision (a), the provisions of this section shall be applicable in a county of the 12th Class, as described in Sections 28020 and 28033, after the board of supervisors of the county adopts a resolution to do so. The provisions adopted pursuant to this subdivision may be made applicable without regard to the requirement of implementing Article 15.6 (commencing with Section 31855) or the requirement of terminating benefits under social security. The provisions adopted pursuant to this subdivision shall apply only to either of the following:

    (1) Members first hired by the county on and after the date this section becomes operative in the county.

    (2) Members represented by Service Employees International Union Local 521 whose retirement benefits were established pursuant to Section 31676.16 prior to the date this section becomes operative in the county.

(Amended by Stats. 2007, Ch. 86, Sec. 2. Effective July 17, 2007.)