SECTIONS 20550-20556 - California Statutes

GOVERNMENT CODE

SECTION 20550-20556

20550. Notwithstanding any provision of this chapter, Riverside
County may, after executing an agreement therefor, separate and apart
from Chapter 10 (commencing with Section 3500) of Division 4 of
Title 1, with representatives of recognized employee organizations,
as defined by subdivision (b) of Section 3501, amend its contract to
provide the alternate benefit afforded by Section 20552 for its local
miscellaneous members whose service is included in the federal
system and the benefit afforded by Section 20553 for all its local
miscellaneous members. The employer's contribution rate shall be
fixed pursuant to this article.
Participation in the plan afforded by this article shall be
available to any employee of the contracting agency who is a local
miscellaneous member subject to Section 21353 on the day immediately
preceding the effective date of a contract amendment entered into
pursuant to this article.
Each contracting agency shall ensure that each eligible member
receives sufficient information to permit an informed election, is
counseled regarding the financial implications of the foregoing
choices, and receives an election document. The election document
shall be filed with the contracting agency.
A local miscellaneous member who is subject to this article shall
also be subject to all other provisions of this part. However, in the
event of a conflict, this article shall supersede and prevail over
provisions or the application of provisions otherwise contained in
this part.

20551. A person who becomes a local miscellaneous member of a
contracting agency on or after the effective date of the agency's
contract to be subject to this article shall be subject to the
benefits provided in Section 21353 but may, during an open 120-day
period in each calendar year, to be determined by the contracting
agency, make an irrevocable election to be subject, for all future
local miscellaneous service with the contracting agency on and after
the first of the month following the filing of the election with the
employer, to the benefits provided by Section 20552 or Section 20553.
A current member may make an irrevocable election to be subject to
the benefits provided for in this article for all future local
miscellaneous service with the contracting agency during an annual
open 120-day period to be determined by the contracting agency and
that shall be effective on the first of the month following the
filing of the election with the employer.
Notwithstanding any other provision of this article, a member who
has elected to be subject to Section 20552 may, at any annual open
period next following the attainment of 10 years of credited service
with the contracting agency, irrevocably elect to be subject,
prospectively only, to the benefits provided by Section 21353 or
Section 20553. Any person who makes that election may never
thereafter change that election.

20552. The combined current and prior service pensions for a local
miscellaneous member whose service is subject to this article is a
pension derived from the contributions of the employee which, when
added to the service retirement annuity that is derived from the
accumulated normal contributions of the member at the date of
retirement shall equal the fraction of one-hundredth of the member's
final compensation set forth opposite the member's age at retirement
taken to the preceding completed quarter year in the following table,
multiplied by the member's number of years of local miscellaneous
service subject to this article:

Age at
Retirement Fraction
55.............................. .5000
55 1/4.......................... .5250
55 1/2.......................... .5500
55 3/4.......................... .5750
56.............................. .6000
56 1/4.......................... .6250
56 1/2.......................... .6500
56 3/4.......................... .6750
57.............................. .7000
57 1/4.......................... .7250
57 1/2.......................... .7500
57 3/4.......................... .7750
58.............................. .8000
58 1/4.......................... .8250
58 1/2.......................... .8500
58 3/4.......................... .8750
59.............................. .9000
59 1/4.......................... .9250
59 1/2.......................... .9500
59 3/4.......................... .9750
60.............................. 1.0000
60 1/4.......................... 1.0250
60 1/2.......................... 1.0500
60 3/4.......................... 1.0750
61.............................. 1.1000
61 1/4.......................... 1.1250
61 1/2.......................... 1.1500
61 3/4.......................... 1.1750
62.............................. 1.2000
62 1/4.......................... 1.2250
62 1/2.......................... 1.2500
62 3/4.......................... 1.2750
63.............................. 1.3000
63 1/4.......................... 1.3250
63 1/2.......................... 1.3500
63 3/4.......................... 1.3750
64.............................. 1.4000
64 1/4.......................... 1.4250
64 1/2.......................... 1.4500
64 3/4.......................... 1.4750
65.............................. 1.5000

Notwithstanding any other provision of this part, the retirement
allowance formula for any member subject to this section who has 35
years of credited service and attains age 55 years, is the fraction
of final compensation set forth above at age 65 multiplied by the
current and prior service subject to this section that the member is
credited with at retirement.
A local miscellaneous member subject to this section shall be
retired for service upon his or her written application to the board
if he or she has attained age 55 and is credited with five years of
state service.

20553. The combined current and prior service pensions for a local
miscellaneous member whose service is subject to this section 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
retirement, to equal the fraction of one-fiftieth of the member's
final compensation set forth opposite the member's age at retirement,
taken to the preceding completed quarter year, in the following
table, multiplied by the number of years of local miscellaneous
service subject to this article, with which the member is entitled to
be credited at retirement:

Age of
Retirement Fraction
50............................. .688
50 1/4......................... .698
50 1/2......................... .709
50 3/4......................... .719
51............................. .730
51 1/4......................... .741
51 1/2......................... .753
51 3/4......................... .764
52............................. .776
52 1/4......................... .788
52 1/2......................... .800
52 3/4......................... .813
53............................. .825
53 1/4......................... .839
53 1/2......................... .852
53 3/4......................... .865
54............................. .879
54 1/4......................... .893
54 1/2......................... .908
54 3/4......................... .923
55............................. .937
55 1/4......................... .953
55 1/2......................... .969
55 3/4......................... .985
56............................. 1.000
56 1/4......................... 1.017
56 1/2......................... 1.034
56 3/4......................... 1.050
57............................. 1.067
57 1/4......................... 1.084
57 1/2......................... 1.101
57 3/4......................... 1.119
58............................. 1.136
58 1/4......................... 1.154
58 1/2......................... 1.173
58 3/4......................... 1.191
59 and over.................... 1.209

The fraction specified in the above table shall be reduced by
one-third as applied to that part of final compensation that does not
exceed four hundred dollars ($400) per month for all service of a
member that has also been included in the federal system.
A local miscellaneous member subject to this section shall be
retired for service upon his or her written applications to the board
if he or she has attained age 50 and is credited with five years of
state service.

20554. Notwithstanding any provision of Chapter 8 (commencing with
Section 20670), the normal rate of contribution for a local
miscellaneous member subject to Section 20552 shall be 2 percent of
the compensation paid to the member. A contracting agency may pay all
or a portion of the normal contributions required to be paid by a
local miscellaneous member pursuant to Section 20691.
This section shall be construed as if it were a part of Chapter 8
(commencing with Section 20670).

20555. (a) The normal rate of contribution for a local
miscellaneous member subject to Section 20553 whose service is not
included in the federal system shall be 8.25 percent of the
compensation per month paid to the member.
(b) The normal rate of contribution for a local miscellaneous
member whose service is included in the federal system shall be 8.25
percent of compensation in excess of one hundred thirty-three dollars
and thirty-three cents ($133.33) per month paid to the member. The
rates of contribution established for local miscellaneous members in
this section shall apply only to the compensation paid the member on
and after the date that the member becomes subject to Section 20553.
This section shall be construed as if it were part of Chapter 8
(commencing with Section 20670).

20556. The employer contribution rate of a contracting agency
subject to this article shall not be reduced because of concurrent
coverage of social security.