California Government Code

§ 31681.52

GOV § 31681.52Div. 4 · Title 3 · Part 3 · Ch. 3 · Art. 8

Statute text

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including an allowance payable to a survivor of a member, payable to or on account of any member of this system or of a superseded system who has been or was retired for service is hereby increased as follows: Period during which Percentage of increase in retirement became monthly retirement effective allowance On or prior to June 30, 1967 10% 12 months ended June 30, 1968 8% 12 months ended June 30, 1969 6% 12 months ended June 30, 1970 4% 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.

Legislative history

Added by Stats. 1973, Ch. 298.