California Education Code
§ 24202.6
EDC § 24202.6 Effective Jan 1, 2014Div. 1 · Title 1 · Part 13 · Ch. 27
Statute text
View on leginfo.ca.gov(a)A member subject to the California Public Employees’ Pension Reform Act of 2013 shall receive a retirement allowance consisting of all of the following:
(1)An annual allowance payable in monthly installments upon retirement equal to the percentage of the final compensation set forth opposite the member’s age at retirement in the following table multiplied by each year of credited service: Age at Retirement Percentage 62 2.000 6214 2.033 6212 2.067 6234 2.100 63 2.133 6314 2.167 6312 2.200 6334 2.233 64 2.267 6414 2.300 6412 2.333 6434 2.367 65 2.400
…
Legislative history
Amended by Stats. 2013, Ch. 559, Sec. 21. (AB 1381) Effective January 1, 2014. Deemed operative January 1, 2013, by Sec. 1 of Ch. 559.