Section 31752.  


Latest version.
  • This section shall apply to members subject to Section 31751. Notwithstanding any other provision 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, as follows:

    (a) The percentage of the member's final compensation, as defined in Section 31462, in the following table set forth in Column (A) opposite the member's age at retirement, taken to the preceding completed quarter year, multiplied by the number of years of service under Section 31751 with which the member is entitled to be credited at retirement, less

    (b) The percentage of the member's Primary Insurance Amount to which the member shall be entitled under federal social security, projected to age 62, if the member is less than age 62, or to which the member is now entitled, if the member is at least age 62, set forth in the following table in Column (B) opposite the member's age at retirement, taken to the preceding completed quarter year, multiplied by the number of years of service subject to Section 31751 during which the member was covered by social security while a member of the county retirement association. The maximum number of years used in this calculation shall not exceed 30.

    Percentages

    Age at

    retirement

    (A)

    (B)

    50  ........................

     .830

     .573

    50¼  ........................

     .845

     .585

    50½  ........................

     .860

     .597

    50¾  ........................

     .875

     .609

    51  ........................

     .890

     .622

    51¼  ........................

     .905

     .635

    51½  ........................

     .920

     .648

    51¾  ........................

     .935

     .661

    52  ........................

     .950

     .675

    52¼  ........................

     .965

     .689

    52½  ........................

     .980

     .704

    52¾  ........................

     .995

     .719

    53  ........................

    1.010

     .734

    53¼  ........................

    1.025

     .750

    53½  ........................

    1.040

     .766

    53¾  ........................

    1.055

     .782

    54  ........................

    1.070

     .799

    54¼  ........................

    1.085

     .816

    54½  ........................

    1.100

     .834

    54¾  ........................

    1.115

     .853

    55  ........................

    1.130

     .872

    55¼  ........................

    1.145

     .891

    55½  ........................

    1.160

     .911

    55¾  ........................

    1.175

     .931

    56  ........................

    1.190

     .952

    56¼  ........................

    1.205

     .973

    56½  ........................

    1.220

     .995

    56¾  ........................

    1.235

    1.017

    57  ........................

    1.250

    1.040

    57¼  ........................

    1.265

    1.064

    57½  ........................

    1.280

    1.088

    57¾  ........................

    1.295

    1.113

    58  ........................

    1.310

    1.139

    58¼  ........................

    1.325

    1.165

    58½  ........................

    1.340

    1.192

    58¾  ........................

    1.355

    1.220

    59  ........................

    1.370

    1.249

    59¼  ........................

    1.385

    1.279

    59½  ........................

    1.400

    1.309

    59¾  ........................

    1.415

    1.340

    60  ........................

    1.430

    1.372

    60¼  ........................

    1.445

    1.405

    60½  ........................

    1.460

    1.440

    60¾  ........................

    1.475

    1.475

    61  ........................

    1.490

    1.511

    61¼  ........................

    1.505

    1.548

    61½  ........................

    1.520

    1.587

    61¾  ........................

    1.535

    1.626

    62  ........................

    1.550

    1.667

    62¼  ........................

    1.565

    1.667

    62½  ........................

    1.580

    1.667

    62¾  ........................

    1.595

    1.667

    63  ........................

    1.610

    1.667

    63¼  ........................

    1.625

    1.667

    63½  ........................

    1.640

    1.667

    63¾  ........................

    1.655

    1.667

    64  ........................

    1.670

    1.667

    64¼  ........................

    1.685

    1.667

    64½  ........................

    1.700

    1.667

    64¾  ........................

    1.715

    1.667

    65 and over  ........................

    1.730

    1.667

(Added by Stats. 1980, Ch. 58.)