California Government Code

§ 21363.1

GOV § 21363.1 Effective Jan 1, 2013Div. 5 · Title 2 · Part 3 · Ch. 13 · Art. 4

Statute text

(a)The combined current and prior service pensions for state peace officer/firefighter members subject to this section with respect to state peace officer/firefighter service, and for local safety members with respect to local safety service rendered to a contracting agency that is subject to this section, 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 state peace officer/firefighter member or local safety member at the date of his or her retirement to equal the fraction of 3 percent of his or her final compensation set forth opposite his or her age at retirement taken to the preceding completed quarter year, in the following table, multiplied by the number of years of state peace officer/firefighter service or local safety service subject to this section with which he or she is credited at retirement: Age at Retirement Fraction 50 .800 50¼ .810 50½ .820 50¾ .830 51 .840 51¼ .850 51½ .860 51¾ .870 52 .880 52¼ .890 52½ .900 52¾ .910 53 .920 53¼ .930 53½ .940 53¾ .950 54 .960 54¼ .970 54½ .980 54¾ .990 55 and over 1.000

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Legislative history

Amended by Stats. 2012, Ch. 665, Sec. 137. (SB 1308) Effective January 1, 2013. Pursuant to subd. (i), section is conditionally operative as prescribed in Section 21251.13.