California Statutes
§ 21062. — 21062. (Added by Stats. 1995, Ch. 379, Sec. 2.)
California § 21062.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.5.
Title 2.DIVISION 5. PERSONNEL
Part 3.PART 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Ch. 12.CHAPTER 12. Retirement from Employment
Art. 1.ARTICLE 1. Voluntary Service Retirement
This text of California § 21062. (21062. (Added by Stats. 1995, Ch. 379, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Government Code - GOV Code § 21062. (2026).
Text
Notwithstanding Section 21061, a local safety member to whom Section 21061 applies shall be retired for service upon his or her written application to the board if he or she has attained age 50 and is credited with five years of state service.
However, if the member retires before attaining age 55, his or her prior and current service pensions shall be reduced to that amount that the value of the pensions as deferred to that minimum age will purchase at the actual age of retirement on the basis of the mortality tables and
actuarial interest rate in effect with respect to those members.
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Legislative History
Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.
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Bluebook (online)
California § 21062., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/21062..