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. 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-fiftieth 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
Fraction
50
0.713
50¼
0.725
50½
0.737
50¾
0.749
51
0.761
51¼
0.775
51½
0.788
51¾
0.801
52
0.814
52¼
0.828
52½
0.843
52¾
0.857
53
0.871
53¼
0.886
53½
0.902
53¾
0.917
54
0.933
54¼
0.950
54½
0.966
54¾
0.983
55
1.000
55¼
1.007
55½
1.013
55¾
1.020
56
1.026
56¼
1.033
56½
1.039
56¾
1.046
57
1.052
57¼
1.059
57½
1.065
57¾
1.072
58
1.078
58¼
1.085
58 ½
1.091
58 ¾
1.098
59
1.105
59¼
1.111
59½
1.118
59¾
1.124
60
1.131
60¼
1.137
60½
1.144
60¾
1.150
61
1.157
61¼
1.163
61½
1.170
61¾
1.176
62
1.183
62¼
1.189
62½
1.196
62¾
1.202
63 and over
1.209
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 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.
Wherever in this chapter reference is made to survivorship benefits and rights under Section 31676.1, the same shall apply to this section.
Source:
Section 31676.16, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=31676.16..