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-sixtieth 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 of Retirement
Fraction
50
.8181
50¼
.8275
50½
.8369
50¾
.8462
51
.8556
51¼
.8656
51½
.8755
51¾
.8855
52
.8954
52¼
.9061
52½
.9168
52¾
.9275
53
.9382
53¼
.9498
53½
.9614
53¾
.9730
54
.9846
54¼
.9972
54½
1.0098
54¾
1.0224
55
1.0350
55¼
1.0487
55½
1.0625
55¾
1.0762
56
1.0899
56¼
1.1049
56½
1.1199
56¾
1.1349
57
1.1500
57¼
1.1611
57½
1.1723
57¾
1.1835
58
1.1947
58¼
1.2097
58½
1.2247
58¾
1.2398
59
1.2548
59¼
1.2707
59½
1.2867
59¾
1.3026
60
1.3186
60¼
1.3355
60½
1.3525
60¾
1.3695
61
1.3865
61¼
1.4047
61½
1.4229
61¾
1.4411
62 and over
1.4593
The fractions herein set forth shall be used until adjusted by each board for its retirement system in accordance with the interest and mortality tables adopted by each such board with respect to its retirement system.
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.
This section shall not be operative in any county until adopted by a resolution of the board of supervisors.
Whenever in this chapter reference is made to the survivorship and other benefits and rights under Section 31676.1, the same shall apply to this section.
Source:
Section 31676.13, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=31676.13..