This section may be made applicable in any county on the first day of the month after the board of supervisors of such county adopts, by majority vote, a resolution providing that this section shall become applicable in such county. 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 members purchased by the contributions of the county or district sufficient, when added to the service retirement annuity, to equal the fraction of one-sixtieth 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 number of years of current service or years of current and prior service with which the member is entitled to be credited at retirement, but in no event shall the total retirement allowance exceed the member’s final compensation.

Age of
Retirement

Terms Used In California Government Code 31676.1

  • 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

Fraction

50  ……………………

.7091

50¼  ……………………

.7183

50½  ……………………

.7274

50¾  ……………………

.7366

51  ……………………

.7457

51¼  ……………………

.7547

51½  ……………………

.7637

51¾  ……………………

.7726

52  ……………………

.7816

52¼  ……………………

.7907

52½  ……………………

.7999

52¾  ……………………

.8090

53  ……………………

.8181

53¼  ……………………

.8275

53½  ……………………

.8369

53¾  ……………………

.8462

54  ……………………

.8556

54¼  ……………………

.8656

54½  ……………………

.8755

54¾  ……………………

.8855

55  ……………………

.8954

55¼  ……………………

.9061

55½  ……………………

.9168

55¾  ……………………

.9275

56  ……………………

.9382

56¼  ……………………

.9498

56½  ……………………

.9614

56¾  ……………………

.9730

57  ……………………

.9846

57¼  ……………………

.9972

57½  ……………………

1.0098

57¾  ……………………

1.0224

58  ……………………

1.0350

58¼  ……………………

1.0487

58½  ……………………

1.0625

58¾  ……………………

1.0762

59  ……………………

1.0899

59¼  ……………………

1.1049

59½  ……………………

1.1199

59¾  ……………………

1.1349

60  ……………………

1.1500

60¼  ……………………

1.1611

60½  ……………………

1.1723

60¾  ……………………

1.1835

61  ……………………

1.1947

61¼  ……………………

1.2097

61½  ……………………

1.2247

61¾  ……………………

1.2398

62  ……………………

1.2548

62¼  ……………………

1.2707

62½  ……………………

1.2867

62¾  ……………………

1.3026

63  ……………………

1.3186

63¼  ……………………

1.3355

63½  ……………………

1.3525

63¾  ……………………

1.3695

64  ……………………

1.3865

64¼  ……………………

1.4047

64½  ……………………

1.4229

64¾  ……………………

1.4411

65 and over   ……………………

1.4593

The fractions herein set forth shall be used until adjusted by each board for its retirement system in accordance with the interest and mortality tables adopted by each such board with respect to its retirement system.

In any county operating under this section any limitation in any provisions of this chapter upon the amount of compensation used for computing rates of contributions shall be disregarded.

(Amended by Stats. 1976, Ch. 1436.)