County Employees Retirement Law of 1937 (CERL) - sdcera

§31491.1. Adjustment of member’s retirement benefit according to member’s actual primary
insurance amount (Los Angeles)
(a) Notwithstanding Section 31491, any retired member receiving a retirement pension
may present evidence in the form required by the board of the retired member’s actual primary
insurance amount. For the purposes of this section, the actual primary insurance amount shall
be the amount being paid under the federal system. Following receipt of that evidence, the
board shall adjust the retired member’s pension to equal the amount of the pension to which
he or she would have been entitled on that date had the estimated primary insurance amount
equaled the actual insurance amount.
(b) The adjustment calculated in subdivision (a) shall be applied to the retired member’s
pension beginning in the month upon which the retired member presents evidence required by
the board.
(c) This section shall not be operative in any county until the board of supervisors, by
resolution adopted by majority vote, makes this section applicable.
(Added by Stats. 2001, Ch. 31 (A.B. 1214), Sec. 1)
§31491.2. Adjustment of member’s retirement benefit according to member’s federal
estimated primary insurance amount (Los Angeles)
(a) Notwithstanding Section 31491, any retired member receiving a retirement pension
may present evidence in the form required by the board of the retired member’s federal
estimated primary insurance amount provided that the retired member is not receiving a
federal primary insurance amount. For the purposes of this section, the federal estimated
primary insurance amount shall be the amount payable under the federal system as of the
retired member’s normal federal retirement age. Should the federal estimated primary
insurance amount equal zero, the retired member shall not have his or her pension benefit
reduced for an estimated primary insurance amount as required in subdivision (e) of Section
31491.
(b) Following receipt of that evidence, the board shall adjust the retired member’s
pension to equal the amount of the pension to which he or she would have been entitled on
that date had the estimated primary insurance amount calculated in Section 31491 equaled
zero.
(c) The adjustment calculated in subdivision (a) shall be applied to the retired member’s
pension beginning in the month upon which the retired member presents evidence required by
the board.
(d) Notwithstanding subdivision (a), upon attaining federal retirement age, the retired
member shall submit any evidence as may be required by the board of the retired members’
federal estimated or actual primary insurance amount. Following receipt of that evidence, the
board shall adjust the retired member’s pension in accordance with subdivision (j) of Section
31491.
(e) This section shall not be operative in any county until the board of supervisors, by
resolution adopted by majority vote, makes this section applicable.
(Added by Stats. 2001, Ch. 31 (A.B. 1214), Sec. 2)
§31491.3. Early retirement pension; amount; members who have and have not attained age of
62 years; application and operative effect (Los Angeles)
(a) Notwithstanding subdivision (f) of Section 31491, for those members retiring on or
after the operative date of this section, the early retirement pension shall consist of an annual
allowance payable in monthly installments for the life of the retired member in an amount that
is the actuarial equivalent of the normal retirement pension to which the retired member would
Article 1.5, §31491.1. - §31491.3. 56