California Government Code

§ 21076

GOV § 21076 Effective Jan 1, 2013Div. 5 · Title 2 · Part 3 · Ch. 12 · Art. 2

Statute text

(a)The service retirement allowance for a state miscellaneous or state industrial member who has elected the benefits of this section is a pension equal to 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 state miscellaneous service: Age at Retirement Fraction 50 0.5000 5014 0.5125 5012 0.5250 5034 0.5375 51 0.5500 5114 0.5625 5112 0.5750 5134 0.5875 52 0.6000 5214 0.6125 5212 0.6250 5234 0.6375 53 0.6500 5314 0.6625 5312 0.6750 5334 0.6875 54 0.7000 5414 0.7125 5412 0.7250 5434 0.7375 55 0.7500 5514 0.7625 5512 0.7750 5534 0.7875 56 0.8000 5614 0.8125 5612 0.8250 5634 0.8375 57 0.8500 5714 0.8625 5712 0.8750 5734 0.8875 58 0.9000 5814 0.9125 5812 0.9250 5834 0.9375 59 0.9500 5914 0.9625 5912 0.9750 5934 0.9875 60 1.0000 6014 1.0125 6012 1.0250 6034 1.0375 61 1.0500 6114 1.0625 6112 1.0750 6134 1.0875 62 1.1000 6214 1.1125 6212 1.1250 6234 1.1375 63 1.1500 6314 1.1625 6312 1.1750 6334 1.1875 64 1.2000 6414 1.2125 6412 1.2250 6434 1.2375 65 1.2500

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Legislative history

Amended by Stats. 2012, Ch. 296, Sec. 25. (AB 340) Effective January 1, 2013.