31664. Notwithstanding any other provisions of this chapter, the current service pension or the current service pension combined with the prior service pension is an additional pension for safety members purchased by the contributions of the county or district sufficient when added to the service retirement annuity to equal the fraction of one-fiftieth of the member’s final compensation set forth opposite his or her age at retirement taken to the preceding completed quarter year in the following table, multiplied by the number of years of current service or years of current and prior service with which the member is entitled to be credited at retirement, but in no event shall the total retirement allowance exceed the limitation of the safety member’s final compensation as set forth in Section 31676.1 as it now reads or may hereafter be amended to read:
Age at retirement
Fraction
41 ........................
.6258
41¼ ........................
.6350
41½ ........................
.6442
41¾ ........................
.6533
42 ........................
.6625
42¼ ........................
.6720
42½ ........................
.6814
42¾ ........................
.6909
43 ........................
.7004
43¼ ........................
.7102
43½ ........................
.7200
43¾ ........................
.7299
44 ........................
.7397
44¼ ........................
.7499
44½ ........................
.7601
44¾ ........................
.7703
45 ........................
.7805
45¼ ........................
.7910
45½ ........................
.8016
45¾ ........................
.8121
46 ........................
.8226
46¼ ........................
.8339
46½ ........................
.8452
46¾ ........................
.8566
47 ........................
.8678
47¼ ........................
.8780
47½ ........................
.8882
47¾ ........................
.8983
48 ........................
.9085
48¼ ........................
.9194
48½ ........................
.9304
48¾ ........................
.9413
49 ........................
.9522
49¼ ........................
.9641
49½ ........................
.9761
49¾ ........................
.9880
50 ........................
1.0000
50¼ ........................
1.0130
50½ ........................
1.0259
50¾ ........................
1.0387
51 ........................
1.0516
51¼ ........................
1.0656
51½ ........................
1.0796
51¾ ........................
1.0937
52 ........................
1.1078
52¼ ........................
1.1231
52½ ........................
1.1384
52¾ ........................
1.1538
53 ........................
1.1692
53¼ ........................
1.1859
53½ ........................
1.2028
53¾ ........................
1.2195
54 ........................
1.2366
54¼ ........................
1.2547
54½ ........................
1.2730
54¾ ........................
1.2915
55 and over ........................
1.3099
The fraction herein set forth shall be used until adjusted by each board for its retirement system in accordance with the interest and mortality tables adopted by that board.
Contributions shall not be made by safety members having credit for 30 years of continuous service.
(Amended by Stats. 2001, Ch. 32, Sec. 1. Effective January 1, 2002.)