Retirement for Service
Cal. GOV § 21363.3
California Statutes
(
a) The combined current and prior service pensions for state peace officer/firefighter members described in
Section is a pension derived from the contributions of the employer sufficient when added to the service retirement annuity that is derived from the accumulated normal contributions of the member at the date of his or her retirement to equal percent of his or her final compensation at the age of years, multiplied by the number of years of state peace officer/firefighter service subject to this
section with which he or she is credited at retirement. (
b) In no event shall the current service pension and the combined current and prior service pensions under this
section for all service to all employers exceed an amount that, when added to the service retirement annuity related to that service, equals percent of final compensation. If the pension relates to service to more than one employer and would otherwise exceed that maximum, the pension payable with respect to each employer shall be reduced in the same proportion as the allowance based on service to that employer bears to the total allowance computed as though there were no limit, so that the total of the pensions shall equal the maximum.
Where a state peace officer/firefighter member has service under this section, or other safety retirement formulas pursuant to this part with state or local agency employers, the higher maximum shall apply and the additional benefit shall be funded by increasing the member’s pension payable with respect to the state employer. (
c) This
section shall apply to state peace officer/firefighter members described in
Section if authorized by, and in accordance with, a memorandum of understanding reached between the Trustees of the California State University and the recognized employee organization pursuant to
Chapter 12 (commencing with
Section 3560) of Division of Title 1. This
section may also apply to sworn peace officer/firefighter members described in
Section in related management positions, if the Trustees of the California State University have approved the application in writing to the Board of Administration of the Public Employees’ Retirement System. (
d) This
section shall supersede
Section 21363.1 with respect to peace officer/firefighter service for members employed by the California State University police department on or after the date a memorandum of understanding, or action by the Trustees of the California State University regarding related management positions, makes this
section applicable to these members. (
e) This
section may not prevent a subsequent memorandum of understanding, or subsequent action by the Trustees of the California State University regarding related management positions, from making this
section inapplicable to peace officer/firefighter members first employed by the California State University police department on or after a date specified in a subsequent memorandum of understanding, or subsequent action by the Trustees of the California State University regarding related management positions. (f)
(1) Notwithstanding any other provision of this section, this
section shall not apply to a state peace officer/firefighter member described in
Section who is employed for the first time and becomes a state peace officer/firefighter member of the system on or after January 15, 2011.
(2) If this subdivision is in conflict with a memorandum of understanding that is current and in effect on January 15, 2011, the memorandum of understanding shall be controlling while it remains in effect. Upon expiration of the memorandum of understanding that is in effect and current on January 15, 2011, this
section shall be controlling and may not be superseded by a subsequent memorandum of understanding.