California Government Code

§ 31681.55

GOV § 31681.55 Effective Jan 1, 2002Div. 4 · Title 3 · Part 3 · Ch. 3 · Art. 8

Statute text

Effective the first day of the first month after adoption of this section by the board of supervisors, the allowance paid with respect to any member of this system who retired or died prior to January 1, 2001, shall be increased by the percentage set forth opposite the year of retirement or death in the following schedule: Period during which retirement or death occurred: Percentage: January 1, 1998, or later 0.0% 12 months ending Dec. 31, 1997 1.0% 24 months ending Dec. 31, 1996 2.0% 60 months ending Dec. 31, 1994 3.0% 60 months ending Dec. 31, 1989 4.0% 120 months ending Dec. 31, 1984 5.0% 12 months ending Dec. 31, 1974, or earlier 6.0% The percentage shall be applied to the allowance payable on the effective date, and the allowance as so increased shall be paid for time on and after that date and shall be subject to annual cost-of-living adjustments.

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Legislative history

Amended by Stats. 2001, Ch. 159, Sec. 117. Effective January 1, 2002.