Cal. Gov. Code § 21100

Current through the 2023 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.