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County Employees Retirement Law of 1937 (CERL) - sdcera

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§31621.4. Normal rates <strong>of</strong> contribution; average annuity at age 60<br />

The normal rates <strong>of</strong> contribution except for members covered by Article 6.8 shall be<br />

such as will provide an average annuity at age 60 equal to one two-hundred-fortieth <strong>of</strong> the final<br />

compensation <strong>of</strong> members not covered by Article 6.8 (commencing with Section 31639) <strong>of</strong> this<br />

chapter, according to the tables adopted by the board <strong>of</strong> supervisors, for each year <strong>of</strong> service<br />

rendered after entering the system.<br />

This section may be made applicable in such counties on the first day <strong>of</strong> the month after<br />

the board <strong>of</strong> supervisors <strong>of</strong> such county adopts, by majority vote, a resolution providing that<br />

this section shall become applicable in such county.<br />

(Added by Stats. 1974, Ch. 1379, Sec. 2)<br />

§31621.5. Counties adopting section 31676.12; normal rates <strong>of</strong> contribution; average annuity<br />

at age 60<br />

In counties adopting Section 31676.12, the normal rates <strong>of</strong> contribution, except for<br />

members covered by Article 6.8 (commencing with Section 31639) <strong>of</strong> this chapter, shall be<br />

such as will provide an annual annuity at age 60 equal to one two-hundredth <strong>of</strong> the final<br />

compensation <strong>of</strong> members not covered by Article 6.8, according to tables adopted by the board<br />

<strong>of</strong> supervisors, for each year <strong>of</strong> service rendered after entering the system.<br />

This section may be made applicable in such counties, on the first day <strong>of</strong> the month after<br />

the board <strong>of</strong> supervisors <strong>of</strong> such county adopts, by majority vote, a resolution providing that<br />

this section shall become applicable in such county.<br />

(Added by Stats. 1974, Ch. 1379, Sec. 3)<br />

§31621.6. Counties adopting section 31676.15; normal rates <strong>of</strong> contribution; average annuity<br />

age at 55<br />

In counties adopting Section 31676.15, the normal rates <strong>of</strong> contribution, except for<br />

members covered by Article 6.8 (commencing Section 31639) <strong>of</strong> this chapter, shall be such as<br />

to provide an average annuity at age 55 equal to one one-hundredth <strong>of</strong> the final compensation<br />

<strong>of</strong> members not covered by Article 6.8, according to the tables adopted by the board <strong>of</strong><br />

supervisors, for each year <strong>of</strong> service rendered after entering the system.<br />

(Added by Stats. 1975, Ch. 899, Sec. 2)<br />

§31621.7. Contra Costa <strong>County</strong>; normal rates <strong>of</strong> contribution; average annuity at age 55<br />

(Contra Costa)<br />

The normal rates <strong>of</strong> contribution for members covered by Section 31751 shall be such as will<br />

provide an average annuity at age 55 equal to one-three hundredth <strong>of</strong> the member’s final<br />

compensation, according to the tables adopted by the board <strong>of</strong> supervisors, for each year <strong>of</strong><br />

service rendered after entering the system.<br />

Until revised pursuant to Sections 31453 and 31454, the normal rate <strong>of</strong> contribution <strong>of</strong> each<br />

member is that percentage <strong>of</strong> the member’s earnable compensation, shown in the following<br />

table according to the member’s age at the time <strong>of</strong> entry into the retirement system:<br />

Age <strong>of</strong> entry<br />

Percentage<br />

into system<br />

<strong>of</strong> contribution<br />

16 2.93<br />

17 2.93<br />

18 2.93<br />

19 2.93<br />

20 2.93<br />

21 2.93<br />

Article 6, §31621.4. - §31621.7. 144

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