Section 50871 Of Article 3. Pensions And Death Benefits From California Government Code >> Division 1. >> Title 5. >> Part 1. >> Chapter 4. >> Article 3.
50871
. A member of the police department may retire for service
pursuant to this section. Upon receipt of a member's application for
retirement, the board shall order him retired from further service.
From the date of the order the service of the member in the police
department ceases and during his lifetime he shall be paid from the
fund an annual pension based upon the following schedule:
(a) If he has attained age 60 and served in the police department
for twenty years, or more, in the aggregate, his annual pension shall
be one-half of the annual salary attached to the rank he held for
one year next preceding retirement.
(b) If he has attained age 60 and has served in the police
department for thirty years, or more, in the aggregate, his annual
pension shall be two-thirds of the annual salary attached to the rank
he held for one year next preceding retirement.
(c) If he has attained age 55 and has served in the police
department for twenty-five or more consecutive years, his annual
pension shall be one-half of the annual salary attached to the rank
he held for one year next preceding retirement.