Section 21062 Of Article 1. Voluntary Service Retirement From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 12. >> Article 1.
21062
. Notwithstanding Section 21061, a local safety member to whom
Section 21061 applies shall be retired for service upon his or her
written application to the board if he or she has attained age 50 and
is credited with five years of state service.
However, if the member retires before attaining age 55, his or her
prior and current service pensions shall be reduced to that amount
that the value of the pensions as deferred to that minimum age will
purchase at the actual age of retirement on the basis of the
mortality tables and actuarial interest rate in effect with respect
to those members.