Section 21363.3 Of Article 4. Retirement For Service From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 13. >> Article 4.
21363.3
. (a) The combined current and prior service pensions for
state peace officer/firefighter members described in Section 20394 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 3 percent of his or her final compensation
at the age of 50 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 90 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 20394 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 4 of Title 1. This section may also apply to sworn
peace officer/firefighter members described in Section 20394 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 20394 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.