(a) The service retirement allowance for a state miscellaneous or state industrial member who has elected the benefits of this section is a pension equal to the fraction of one-hundredth 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 member’s number of years of state miscellaneous service:
Age at | |
Retirement | Fraction |
50 ........................ | 0.5000 |
501/4 ........................ | 0.5125 |
501/2 ........................ | 0.5250 |
503/4 ........................ | 0.5375 |
51 ........................ | 0.5500 |
511/4 ........................ | 0.5625 |
511/2 ........................ | 0.5750 |
513/4 ........................ | 0.5875 |
52 ........................ | 0.6000 |
521/4 ........................ | 0.6125 |
521/2 ........................ | 0.6250 |
523/4 ........................ | 0.6375 |
53 ........................ | 0.6500 |
531/4 ........................ | 0.6625 |
531/2 ........................ | 0.6750 |
533/4 ........................ | 0.6875 |
54 ........................ | 0.7000 |
541/4 ........................ | 0.7125 |
541/2 ........................ | 0.7250 |
543/4 ........................ | 0.7375 |
55 ........................ | 0.7500 |
551/4 ........................ | 0.7625 |
551/2 ........................ | 0.7750 |
553/4 ........................ | 0.7875 |
56 ........................ | 0.8000 |
561/4 ........................ | 0.8125 |
561/2 ........................ | 0.8250 |
563/4 ........................ | 0.8375 |
57 ........................ | 0.8500 |
571/4 ........................ | 0.8625 |
571/2 ........................ | 0.8750 |
573/4 ........................ | 0.8875 |
58 ........................ | 0.9000 |
581/4 ........................ | 0.9125 |
581/2 ........................ | 0.9250 |
583/4 ........................ | 0.9375 |
59 ........................ | 0.9500 |
591/4 ........................ | 0.9625 |
591/2 ........................ | 0.9750 |
593/4 ........................ | 0.9875 |
60 ........................ | 1.0000 |
601/4 ........................ | 1.0125 |
601/2 ........................ | 1.0250 |
603/4 ........................ | 1.0375 |
61 ........................ | 1.0500 |
611/4 ........................ | 1.0625 |
611/2 ........................ | 1.0750 |
613/4 ........................ | 1.0875 |
62 ........................ | 1.1000 |
621/4 ........................ | 1.1125 |
621/2 ........................ | 1.1250 |
623/4 ........................ | 1.1375 |
63 ........................ | 1.1500 |
631/4 ........................ | 1.1625 |
631/2 ........................ | 1.1750 |
633/4 ........................ | 1.1875 |
64 ........................ | 1.2000 |
641/4 ........................ | 1.2125 |
641/2 ........................ | 1.2250 |
643/4 ........................ | 1.2375 |
65 ........................ | 1.2500 |
(b) This section shall not apply to a National Guard member.
(c) This section shall not apply to anyone who first becomes a member on or after January 1, 2013.
(Amended by Stats. 2012, Ch. 296, Sec. 25. (AB 340) Effective January 1, 2013.)