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Section 24203.5 Of Chapter 27. Service Retirement From California Education Code >> Division 1. >> Title 1. >> Part 13. >> Chapter 27.
24203.5
. (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 24213 of a member retiring on or
after January 1, 1999, who has 30 or more years of credited service,
shall be increased by two-tenths of 1 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 30 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 22826 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.
(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 30 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 22826 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.
