Cal. Gov. Code § 31752

Current through the 2024 Legislative Session.
Section 31752 - Current service pension or combined service pension for members subject to section 31751

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.

Age at retirement

Percentages

(A)

(B)

50 ........................

.830

.573

501/4 ........................

.845

.585

501/2 ........................

.860

.597

503/4................

.875

.609

51 ........................

.890

.622

511/4 ........................

.905

.635

511/2 ........................

.920

.648

513/4................

.935

.661

52 ........................

.950

.675

521/4 ........................

.965

.689

521/2 ........................

.980

.704

523/4................

.995

.719

53 ........................

1.010

.734

531/4 ........................

1.025

.750

531/2 ........................

1.040

.766

533/4................

1.055

.782

54 ........................

1.070

.799

541/4 ........................

1.085

.816

541/2 ........................

1.100

.834

543/4................

1.115

.853

55 ........................

1.130

.872

551/4 ........................

1.145

.891

551/2 ........................

1.160

.911

553/4................

1.175

.931

56 ........................

1.190

.952

561/4 ........................

1.205

.973

561/2 ........................

1.220

.995

563/4................

1.235

1.017

57 ........................

1.250

1.040

571/4 ........................

1.265

1.064

571/2 ........................

1.280

1.088

573/4................

1.295

1.113

58 ........................

1.310

1.139

581/4 ........................

1.325

1.165

581/2 ........................

1.340

1.192

583/4................

1.355

1.220

59 ........................

1.370

1.249

591/4 ........................

1.385

1.279

591/2 ........................

1.400

1.309

593/4................

1.415

1.340

60 ........................

1.430

1.372

601/4 ........................

1.445

1.405

601/2 ........................

1.460

1.440

603/4................

1.475

1.475

61 ........................

1.490

1.511

611/4 ........................

1.505

1.548

611/2 ........................

1.520

1.587

613/4................

1.535

1.626

62 ........................

1.550

1.667

621/4 ........................

1.565

1.667

621/2 ........................

1.580

1.667

623/4................

1.595

1.667

63 ........................

1.610

1.667

631/4 ........................

1.625

1.667

631/2 ........................

1.640

1.667

633/4................

1.655

1.667

64 ........................

1.670

1.667

641/4 ........................

1.685

1.667

641/2 ........................

1.700

1.667

643/4................

1.715

1.667

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

1.730

1.667

Ca. Gov. Code § 31752

Added by Stats. 1980, Ch. 58.