§ A8.609-2

SERVICE RETIREMENT

Any miscellaneous safety member who completes at least five years of service in the aggregate and attains the age of fifty (50) years, said service to be computed under Section A8.609-10, may retire for service at his or her option. A member retired after meeting the service and age requirements in the preceding sentence, shall receive a retirement allowance equal to the percent of final compensation (as defined in Section A8.609-1) set forth below opposite his or her age at retirement, taken to the preceding completed quarter year, for each year of service, as computed under Section A8.609-10:



Retirement Age Percent for Each Year of Credited Service
50 2.000
50¼ 2.035
50½ 2.070
50¾ 2.105
51 2.140
51¼ 2.175
51½ 2.210
51¾ 2.245
52 2.280
52¼ 2.315
52½ 2.350
52¾ 2.385
53 2.420
53¼ 2.455
53½ 2.490
53¾ 2.525
54 2.560
54¼ 2.595
54½ 2.630
54¾ 2.665
55+ 2.700

In no event, however, shall such a retirement allowance exceed ninety (90) percent of a member’s final compensation.

History

(Added by Proposition C, Approved 11/8/2011)

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