Section 31808.8 Of Article 13. Integration With Old Age And Survivors Insurance From California Government Code >> Division 4. >> Title 3. >> Part 3. >> Chapter 3. >> Article 13.
31808.8
. The board of supervisors of a county of the third class
may, by majority vote, adopt a resolution providing either or both of
the following:
(a) That subdivision (b) of Section 31808 is applicable to persons
who become members of the county retirement system after the
effective date designated in the resolution and that persons who were
subject to subdivision (a) of Section 31808 prior to that date may
elect to have their retirement allowance for services rendered after
that date computed in accordance with subdivision (b) of Section
31808.
(b) That an employee who is subject to subdivision (a) of Section
31808.7 may elect to have his retirement allowance computed, with
respect to service rendered after the effective date designated in
the resolution, in accordance with the following:
(1) The fraction of one seventy-fifth of the first one thousand
fifty dollars ($1,050) monthly of the member's final compensation set
forth in the table appearing in Section 31676.12 in the column
applicable to his age at retirement taken to the preceding completed
quarter year multiplied by the number of years of creditable service
as provided therein.
(2) The fraction of one-fiftieth of any remaining portion of the
member's final compensation set forth in the table appearing in
Section 31676.12 in the column applicable to his age at retirement
taken to the preceding completed quarter year multiplied by the
number of years of creditable service.