Current through the 2023 Legislative Session.
Section 31664.5 - Option of retiring upon completion of 25 years of service(a) Notwithstanding any other provisions of this chapter, a safety member may exercise the option of retiring upon completion of 25 years of service, and if such option is exercised, the safety member shall receive a retirement allowance equal to no less than 30 percent of his or her final compensation.(b) This section shall not apply to a member who is subject to the provisions of the California Public Employees' Pension Reform Act of 2013 for all or any portion of his or her membership in the county retirement system.Amended by Stats 2013 ch 247 (AB 1380),s 27, eff. 1/1/2014.