Service Retirement

Cal. EDC § 24203.5

California Statutes

(

a) The percentage of final compensation used to compute the allowance pursuant to

Section 24202.5, 24203, 24205, 24209, 24209.3, 24210, 24211, 24212, or of a member retiring on or after January 1, 1999, who has or more years of credited service, shall be increased by two-tenths of percentage point, provided that the sum of the percentage of final compensation used to compute the allowance, including any adjustments for retiring before the normal retirement age, and the additional percentage provided by this

section does not exceed 2.40 percent. (

b) For purposes of establishing eligibility for the increased allowance pursuant to this

section only, credited service shall exclude service credited pursuant to the following:

(1) Section 22714.

(2) Section 22715.

(3) Section 22717, except as provided in subdivision (

c) of

Section 22121.

(4) Section 22717.5. (

c) For purposes of establishing eligibility for the increased allowance pursuant to this

section only, credited service shall include credited service that a court has ordered be awarded to a nonmember spouse pursuant to

Section 22652. A nonmember spouse shall also be eligible for the increased allowance pursuant to this

section if the member had or more years of credited service on the date the parties separated, as established in the judgment or court order pursuant to

Section 22652. (

d) Nonqualified service credit for which contributions pursuant to

Section were made in a lump sum on or after January 1, 2000, or for which the first installment was made on or after January 1, 2000, may not be included in determining the eligibility for an increased allowance pursuant to this section.

Document details

CollectionCalifornia Statutes
CitationCal. EDC § 24203.5
Date2015-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierEDC24203.5.201475531

Service Retirement

Cal. EDC § 24203.5

California Statutes

Service Retirement

Cal. EDC § 24203.5

California Statutes

(

a) The percentage of final compensation used to compute the allowance pursuant to

Section 24202.5, 24203, 24205, 24209, 24209.3, 24210, 24211, 24212, or of a member retiring on or after January 1, 1999, who has or more years of credited service, shall be increased by two-tenths of percentage point, provided that the sum of the percentage of final compensation used to compute the allowance, including any adjustments for retiring before the normal retirement age, and the additional percentage provided by this

section does not exceed 2.40 percent. (

b) For purposes of establishing eligibility for the increased allowance pursuant to this

section only, credited service shall exclude service credited pursuant to the following:

(1) Section 22714.

(2) Section 22715.

(3) Section 22717, except as provided in subdivision (

c) of

Section 22121.

(4) Section 22717.5. (

c) For purposes of establishing eligibility for the increased allowance pursuant to this

section only, credited service shall include credited service that a court has ordered be awarded to a nonmember spouse pursuant to

Section 22652. A nonmember spouse shall also be eligible for the increased allowance pursuant to this

section if the member had or more years of credited service on the date the parties separated, as established in the judgment or court order pursuant to

Section 22652. (

d) Nonqualified service credit for which contributions pursuant to

Section were made in a lump sum on or after January 1, 2000, or for which the first installment was made on or after January 1, 2000, may not be included in determining the eligibility for an increased allowance pursuant to this section.

Document details

CollectionCalifornia Statutes
CitationCal. EDC § 24203.5
Date2015-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierEDC24203.5.201475531