California Government Code

§ 21368

GOV § 21368 Effective Jan 1, 1996Div. 5 · Title 2 · Part 3 · Ch. 13 · Art. 4

Statute text

The combined current and prior service pensions for a local safety member who is an employee of a contracting agency that is subject to this section, is an annual pension that when added to the service retirement annuity that is derived from the accumulated normal contributions of the member shall equal the sum of the following:

(a)A temporary annuity based on age at retirement and length of service computed according to the following formula:

(1)0.50 times the product of his or her age at retirement and his or her years of credited prior and current service not in excess of 20 years, plus

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Legislative history

Repealed and added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.