California Government Code 31681.52 – Every retirement allowance or optional death allowance, including an …
Every retirement allowance or optional death allowance, including an allowance payable to a survivor of a member, payable to or on account of any member of this system or of a superseded system who has been or was retired for service is hereby increased as follows:
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Period during which Terms Used In California Government Code 31681.52
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Percentage of increase in |
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retirement became |
monthly retirement |
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effective |
allowance |
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On or prior to June 30, 1967 …………………… |
10% |
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12 months ended June 30, 1968 …………………… |
8% |
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12 months ended June 30, 1969 …………………… |
6% |
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12 months ended June 30, 1970 …………………… |
4% |
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12 months ended June 30, 1971 …………………… |
2% |
In no event shall any allowance be increased by an amount greater than seventy-five dollars ($75) a month. A member with credit for 10 or more years of service in the system shall receive not less than twenty-five dollars ($25) a month.
This section shall not be operative in any county until such time as the board of supervisors shall, by ordinance adopted by a majority vote, make the provisions of this section applicable in such county.
(Added by Stats. 1973, Ch. 298.)