California § 31462.1. 31462.1. (Amended by Stats. 2013, Ch. 247, Sec. 9.)

California Statutes

§ 31462.1. — 31462.1. (Amended by Stats. 2013, Ch. 247, Sec. 9.)

California·Code GOV Government Code - GOV·Div. 4.·Title 3. DIVISION 4. EMPLOYEES·Part 3. PART 3. RETIREMENT SYSTEMS·Ch. 3. CHAPTER 3. County Employees Retirement Law of 1937·Art. 1. ARTICLE 1. General

(a)

(1)“Final compensation” means the average annual compensation earnable by a member during any year elected by a member at or before the time he or she files an application for retirement, or, if he or she fails to elect, during the year immediately preceding his or her retirement.

(2)This section shall not be operative in any county until such time as the board of supervisors shall, by resolution adopted by a majority vote, make the provisions of this section applicable in such county.

(b)This section shall not apply to a member who is subject to the California Public Employees’ Pension Reform Act of 2013 for all or any portion of his or her membership in the county retirement system.

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

(a)
(1)
“Final compensation” means the average annual compensation earnable by a member during any year elected by a member at or before the time he or she files an application for retirement, or, if he or she fails to elect, during the year immediately preceding his or her retirement.
(2)
This section shall not be operative in any county until such time as the board of supervisors shall, by resolution adopted by a majority vote, make the provisions of this section applicable in such county.
(b)
This section shall not apply to a member who is subject to the California Public Employees’ Pension
Reform Act of 2013 for all or any portion of his or her membership in the county retirement system.

California § 31462.1. (31462.1. (Amended by Stats. 2013, Ch. 247, Sec. 9.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.