Section 75553 - [Effective 1/1/2025] Member's retirement fund rights upon leaving office and nonmember has received share of contributions or monetary credits(a) If a member leaves judicial office after a nonmember has received a share of the member's contributions or a share of the member's monetary credits pursuant to Section 75551, the member's retirement fund rights shall be determined pursuant to this section.(b) If the member has redeposited the amount paid to the nonmember, with interest, pursuant to Section 75552, the payment to the nonmember shall be ignored and the member's rights shall be determined as though the payment to the nonmember had not occurred; and subdivisions (c), (d), and (e) shall not apply.(c) If the member leaves judicial office before accruing at least five years of service, the member shall be paid the dollar amount of the member's contributions to the system minus the amount paid to the nonmember, and no other amount.(d) If the member leaves office after accruing five or more years of service and either: (1) elects, pursuant to subdivision (e) of Section 75522, to receive the amount of the member's monetary credits; or (2) is entitled, pursuant to subdivision (b) or (c) of Section 75521 to receive only the amount of the member's monetary credits, the member shall be paid the amount of the member's monetary credits as provided in Section 75521 or subdivision (e) of Section 75522, reduced as provided in subdivision (d) of Section 75551.(e) If the member elects to retire and receive a monthly allowance pursuant to either subdivision (d) of Section 75522 or Section 75522.5, the judge's monthly allowance shall equal the monthly allowance that would have been payable pursuant to subdivision (d) of Section 75522 or Section 75522.5, as applicable, based on the judge's service and salary, multiplied by a fraction equal to: NMS | + | 50% (MS) | |
S | | S | |
where: | _____ "S" | = | the member's total service |
| _____ "MS" | = | the member's service while married to |
| | | the nonmember prior to their separation |
| _____ "NMS" | = | the member's service while not married to the nonmember |
(f) If, notwithstanding paragraph (1) of subdivision (a) of Section 75551, the judgment did not specify the number of years of service that accrued during the marriage or other necessary facts, the system may make its own determination in order to make the computation in subdivision (e).Amended by Stats 2024 ch 117 (AB 2770),s 11, eff. 1/1/2025.Amended by Stats 2023 ch 159 (SB 885),s 24, eff. 1/1/2024.Added by Stats. 1994, Ch. 879, Sec. 11. Effective September 27, 1994. Operative November 9, 1994, by Sec. 16 of Ch. 879.This section is set out more than once due to postponed, multiple, or conflicting amendments.