California Government Code 31739.33 – (a) Except as provided in subdivision (b), a retirement …
(a) Except as provided in subdivision (b), a retirement allowance, optional death allowance, or annual 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including an allowance payable to a survivor of a member, payable to or on account of any member of this system or of a superseded system who has been or was retired for disability which did not on July 1, 1976, exceed five hundred dollars ($500) per month is hereby increased as follows:
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Number of years of Terms Used In California Government Code 31739.33
|
Percentage of increase |
|
county or district |
in monthly retirement |
|
service |
allowance |
|
25 or more years …………………… |
10% |
|
20-25 years …………………… |
8% |
|
15-20 years …………………… |
6% |
(b) No allowance shall be increased to more than five hundred dollars ($500) per month pursuant to subdivision (a).
This section shall not be operative in a county until such time as the board of supervisors shall, by resolution adopted by majority vote, make the provisions of this section applicable in that county.
(Amended by Stats. 2008, Ch. 179, Sec. 104. Effective January 1, 2009.)