California § 21380. 21380. (Repealed and added by Stats. 1995, Ch. 379, Sec. 2.)

California Statutes

§ 21380. — 21380. (Repealed and added by Stats. 1995, Ch. 379, Sec. 2.)

California·Code GOV Government Code - GOV·Div. 5.·Title 2. DIVISION 5. PERSONNEL·Part 3. PART 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM·Ch. 13. CHAPTER 13. Retirement Benefits·Art. 4. ARTICLE 4. Retirement for Service

If a state safety member retires for service before attaining age 55, or, in the case of the member who continues subject to the current and prior service pension provision for retirement of warden and forestry members at age 60, his or her prior and current service pensions shall be reduced to that amount that the value of the pensions as deferred to age 55, or age 60, respectively, will purchase at the actual age of retirement on the basis of the mortality tables and actuarial interest rate in effect on December 1, 1970, under this system with respect to those
				members.

Free access — add to your briefcase to read the full text and ask questions with AI

If a state safety member retires for service before attaining age 55, or, in the case of the member who continues subject to the current and prior service pension provision for retirement of warden and forestry members at age 60, his or her prior and current service pensions shall be reduced to that amount that the value of the pensions as deferred to age 55, or age 60, respectively, will purchase at the actual age of retirement on the basis of the mortality tables and actuarial interest rate in effect on December 1, 1970, under this system with respect to those
members.

California § 21380. (21380. (Repealed and added by Stats. 1995, Ch. 379, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Repealed and added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.

View on official source ↗