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 at Retirement
Fraction
50
.8850
50¼
.8987
50½
.9125
50¾
.9262
51
.9399
51¼
.9549
51½
.9699
51¾
.9849
52
1.0000
52¼
1.0111
52½
1.0223
52¾
1.0335
53
1.0447
53¼
1.0597
53½
1.0747
53¾
1.0898
54
1.1048
54¼
1.1207
54½
1.1367
54¾
1.1526
55
1.1686
55¼
1.1855
55½
1.2025
55¾
1.2195
56
1.2365
56¼
1.2547
56½
1.2729
56¾
1.2911
57
1.3093
57¼
1.3221
57½
1.3350
57¾
1.3479
58
1.3608
58¼
1.3736
58½
1.3865
58¾
1.3994
59
1.4123
59¼
1.4251
59½
1.4380
59¾
1.4509
60
1.4638
60¼
1.4766
60½
1.4895
60¾
1.5024
61
1.5153
61¼
1.5281
61½
1.5410
61¾
1.5539
62 and over
1.5668
In any county operating under this section any limitations in any provisions of this chapter upon the amount of compensation used for computing rates of contributions shall be disregarded.
Wherever in this chapter reference is made to survivorship benefits and rights under Section 31676.1, the same shall apply to this section.
This section shall not be operative in any county until adopted by a resolution of the board of supervisors.
Source:
Section 31676.14, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=31676.14..