§ 31681.53. — 31681.53. (Added by Stats. 1976, Ch. 627.)

California § 31681.53.

• Jurisdiction: 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. 8.: ARTICLE 8. Retirement for Service

Text

(a)
Except as provided in subdivision (b), a retirement allowance or optional death allowance, including an allowance payable to a survivor of a member, payable to or on account of any member of this system or of a superseded system who has been or was retired for service which did not on July 1, 1976 exceed five hundred dollars ($500) per month is hereby increased as follows:
Number of years of
Percentage of increase in
county or district
monthly retirement
service
allowance
25 or more years
10%
20–25 years
8%
15–20 years
6%
(b)
No allowance shall be increased to more than five hundred dollars ($500) per month pursuant to subdivision (a).
This section shall not be operative in any county until such time as the board of supervisors shall, by resolution adopted by majority vote, make the provisions of this section applicable
in such county.

Legislative History

Added by Stats. 1976, Ch. 627.