(a) This section may be made applicable in any county on the first day of the month after the board of supervisors of the county adopts, by majority vote, a resolution providing that this section shall become applicable in the county.

(b) Notwithstanding any other provisions of this chapter, the current service pension or the current service pension combined with the prior service pension is an additional pension for safety members purchased by the contributions of the county or district sufficient when added to the service retirement annuity to equal 3 percent of the member’s 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 current service or years of current and prior service with which the member is entitled to be credited at retirement. In no event shall the total retirement allowance exceed the limitation of the safety member’s final compensation as set forth in Section 31676.1, as it now reads or may hereafter be amended to read.

Terms Used In California Government Code 31664.1

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • County: includes city and county. See California Government Code 19

Age at
Retirement

Fraction

41  ……………………

.6258

41¼  ……………………

.6350

41½  ……………………

.6442

41¾  ……………………

.6533

42  ……………………

.6625

42¼  ……………………

.6720

42½  ……………………

.6814

42¾  ……………………

.6909

43  ……………………

.7004

43¼  ……………………

.7102

43½  ……………………

.7200

43¾  ……………………

.7299

44  ……………………

.7397

44¼  ……………………

.7499

44½  ……………………

.7601

44¾  ……………………

.7703

45  ……………………

.7805

45¼  ……………………

.7910

45½  ……………………

.8016

45¾  ……………………

.8121

46  ……………………

.8226

46¼  ……………………

.8339

46½  ……………………

.8452

46¾  ……………………

.8586

47  ……………………

.8678

47¼  ……………………

.8780

47½  ……………………

.8882

47¾  ……………………

.8983

48  ……………………

.9085

48¼  ……………………

.9194

48½  ……………………

.9304

48¾  ……………………

.9413

49  ……………………

.9522

49¼  ……………………

.9641

49½  ……………………

.9761

49¾  ……………………

.9880

50 and over   ……………………

1.0000

(c) Contributions shall not be made by safety members having credit for 30 years of continuous service.

(Added by Stats. 2000, Ch. 237, Sec. 2. Effective January 1, 2001.)