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 at
Retirement

Terms Used In California Government Code 31676.14

  • 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  ……………………

.8850

50¼  ……………………

.8987

50½  ……………………

.9125

50¾  ……………………

.9262

51  ……………………

.9399

51¼  ……………………

.9549

51½  ……………………

.9699

51¾  ……………………

.9849

52  ……………………

1.0000

52¼  ……………………

1.0111

52½  ……………………

1.0223

52¾  ……………………

1.0335

53  ……………………

1.0447

53¼  ……………………

1.0597

53½  ……………………

1.0747

53¾  ……………………

1.0898

54  ……………………

1.1048

54¼  ……………………

1.1207

54½  ……………………

1.1367

54¾  ……………………

1.1526

55  ……………………

1.1686

55¼  ……………………

1.1855

55½  ……………………

1.2025

55¾  ……………………

1.2195

56  ……………………

1.2365

56¼  ……………………

1.2547

56½  ……………………

1.2729

56¾  ……………………

1.2911

57  ……………………

1.3093

57¼  ……………………

1.3221

57½  ……………………

1.3350

57¾  ……………………

1.3479

58  ……………………

1.3608

58¼  ……………………

1.3736

58½  ……………………

1.3865

58¾  ……………………

1.3994

59  ……………………

1.4123

59¼  ……………………

1.4251

59½  ……………………

1.4380

59¾  ……………………

1.4509

60  ……………………

1.4638

60¼  ……………………

1.4766

60½  ……………………

1.4895

60¾  ……………………

1.5024

61  ……………………

1.5153

61¼  ……………………

1.5281

61½  ……………………

1.5410

61¾  ……………………

1.5539

62 and over  ……………………

1.5668

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

Wherever in this chapter reference is made to survivorship benefits and rights under Section 31676.1, the same shall apply to this section.

This section shall not be operative in any county until adopted by a resolution of the board of supervisors.

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