Section 31681.52.  


Latest version.
  • Every retirement allowance or optional death allowance, including an allowance payable to a survivor of a member, payable to or on account of any member of this system or of a superseded system who has been or was retired for service is hereby increased as follows:

    Period during which

    Percentage of increase in

    retirement became

    monthly retirement

    effective

    allowance

    On or prior to June 30, 1967  ........................

    10%

    12 months ended June 30, 1968  ........................

     8%

    12 months ended June 30, 1969  ........................

     6%

    12 months ended June 30, 1970  ........................

     4%

    12 months ended June 30, 1971  ........................

     2%

    In no event shall any allowance be increased by an amount greater than seventy-five dollars ($75) a month. A member with credit for 10 or more years of service in the system shall receive not less than twenty-five dollars ($25) a month.

    This section shall not be operative in any county until such time as the board of supervisors shall, by ordinance adopted by a majority vote, make the provisions of this section applicable in such county.

(Added by Stats. 1973, Ch. 298.)