Statute · California Government Code

Cal. Gov't Code § 7522.32 — California Public Employees’ Pension Reform Act of 2013

Cal. Gov't Code § 7522.32

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2013-10-04
Current through
Nov 2, 2026 (California Legislative Counsel)

For the purposes of determining a retirement benefit to be paid to a new member of a public retirement system, the following shall apply:

Citator

Cal. Gov't Code § 7522.32 — California Public Employees’ Pension Reform Act of 2013 is in force in the current edition of the Code, and nothing recorded condemns it.

For the purposes of determining a retirement benefit to be paid to a new member of a public retirement system, the following shall apply:

(a) Final compensation shall mean the highest average annual pensionable compensation earned by the member during a period of at least 36 consecutive months, or at least three consecutive school years if applicable, immediately preceding his or her retirement or last separation from service if earlier, or during any other period of at least 36 consecutive months, or at least three consecutive school years if applicable, during the member’s applicable service that the member designates on the application for retirement.

(b) On or after January 1, 2013, an employer shall not modify a benefit plan to permit a calculation of final compensation on a basis of less than the average annual compensation earned by the member during a consecutive 36-month period, or three school years if applicable, for members who have been subject to at least a 36-month or three-school-year calculation prior to that date.