Cal. Gov. Code § 21100

Current through the 2024 Legislative Session.

Section 21100 - Service retirement allowance for local miscellaneous member

(a) The service retirement allowance for a local miscellaneous member who is subject to this article is a pension derived from the contributions of the employer sufficient, when added to the service retirement annuity that is derived from the accumulated normal contributions of the member at the date of retirement, to equal the fraction of one-hundredth 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 member's number of years of local miscellaneous service subject to this article:

Fraction
50 ........................	.5000
501/4 ........................	.5167
501/2 ........................	.5334
503/4 ........................	.5500
51 ........................	.5667
511/4 ........................	.5834
511/2 ........................	.6000
513/4 ........................	.6167
52 ........................	.6334
521/4 ........................	.6500
521/2 ........................	.6667
523/4 ........................	.6834
53 ........................	.7000
531/4 ........................	.7167
531/2 ........................	.7334
533/4 ........................	.7500
54 ........................	.7667
541/4 ........................	.7834
541/2 ........................	.8000
543/4 ........................	.8167
55 ........................	.8334
551/4 ........................	.8500
551/2 ........................	.8667
553/4 ........................	.8834
56 ........................	.9000
561/4 ........................	.9167
561/2 ........................	.9334
563/4 ........................	.9500
57 ........................	.9667
571/4 ........................	.9834
571/2 ........................	1.0000
573/4 ........................	1.0167
58 ........................	1.0334
581/4 ........................	1.0500
581/2 ........................	1.0667
583/4 ........................	1.0834
59 ........................	1.1000
591/4 ........................	1.1167
591/2 ........................	1.1334
593/4 ........................	1.1500
60 ........................	1.1667
601/4 ........................	1.1834
601/2 ........................	1.2000
603/4 ........................	1.2167
61 ........................	1.2334
611/4 ........................	1.2500
611/2 ........................	1.2667
613/4 ........................	1.2834
62 ........................	1.3000
621/4 ........................	1.3167
621/2 ........................	1.3334
623/4 ........................	1.3500
63 ........................	1.3667
631/4 ........................	1.3834
631/2 ........................	1.4000
633/4 ........................	1.4167
64 ........................	1.4334
641/4 ........................	1.4500
641/2 ........................	1.4667
643/4 ........................	1.4834
65 ........................	1.5000

(b) The service retirement allowance for a local miscellaneous member who, pursuant to Section 21095, elects to be subject to this article shall be the sum of the allowance for service rendered subsequent to the effective date of the election computed pursuant to subdivision (a) of this section, added to the allowance for service rendered as a local miscellaneous member prior to the effective date of the election, computed pursuant to the formula specified in the employer's contract with the board.

Ca. Gov. Code § 21100

Repealed and added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.