County Employees Retirement Law of 1937 (CERL) - sdcera

§31511.3. Interruptions in service (Ventura)
(a) Absence from work or termination of employment while an eligible employee or
disability beneficiary, as defined by the long-term disability plan provided by the employer,
shall not be considered as breaking the continuity of service.
(b) For the purposes of subdivision (b) of Section 31511.4, an unpaid leave of absence
which has been approved by the employer, shall not be considered an interruption of service.
However, the period of time of unpaid leave shall not be considered as service in calculating
the retirement benefits otherwise provided under this article.
(Added by Stats. 1985, Ch. 1480, Sec. 1)
§31511.4. Vested membership; age and service at retirement; early retirement adjustments
(a) Retirement of a member who has met the requirements for age and service shall be
made by the board, at which time the member becomes a retired member.
(b) Any member who has completed 10 years of service shall be vested under the
retirement plan created by this article.
(c) Any vested member who has attained normal retirement age may be retired upon
filing with the board a written application on a form provided by the board for normal
retirement setting forth the desired effective retirement date. For purposes of this article,
normal retirement date means the first day of the month coincident with or next following the
member’s normal retirement age. For purpose of this article, normal retirement age means:
For Persons Born Normal Retirement Age
1937 or before 65
1938 65 and 2 months
1939 65 and 4 months
1940 65 and 6 months
1941 65 and 8 months
1942 65 and 10 months
1943-1954 66
1955 66 and 2 months
1956 66 and 4 months
1957 66 and 6 months
1958 66 and 8 months
1959 66 and 10 months
1960 and later 67
(d) Any vested member who has attained the age of 55 years may be retired upon filing
with the board a written application on a form provided by the board for early retirement
setting forth the desired effective retirement date.
(e) The normal retirement pension for a member who has attained normal retirement
age shall consist of an annual allowance payable in monthly installments for the life of the
retired member equal to: 2.333 percent of his or her final compensation multiplied by the
number of years of service to the preceding completed month to which the member is entitled
to be credited at retirement, but not to exceed 30 years; reduced by 2.166 percent of the
estimated primary insurance amount, if any, multiplied by the number of years of service to the
preceding completed month to which the member is entitled to be credited at retirement, but
not to exceed 30 years, multiplied by a fraction, the numerator of which is the number of years
of service with the employer subject to coverage under the federal system, but not to exceed 30
years, and the denominator of which is 30.
(f) The early retirement pension shall consist of an annual allowance payable in monthly
installments for the life of the retired member in an amount which is the actuarial equivalent
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Article 2.6, §31511.3. - §31511.4.