Common use of Retirement Calculations Clause in Contracts

Retirement Calculations. 3% @ 50. Effective July 1, 2001, the percentage of final compensation to be provided for each year of credited prior and current service for Safety members of RSA shall be determined in accordance with Section 21362.2 of the Public Employees Retirement Law (3% at age 50).

Retirement Calculations. 3% @ 50. Effective July 1, 2001, the The percentage of final compensation to be provided for each year of credited prior and current service for Safety Miscellaneous members of RSA shall be determined in accordance with Section 21362.2 21354 of the Public Employees Retirement Law subject to the reduction provided therein for Federal Social Security (32% at age 5055 Modified and Full).

Retirement Calculations. 3% @ 50. Effective July 1, 2001, the The percentage of final compensation to be provided for each year of credited prior and current service for Safety members of RSA shall be determined in accordance with Section 21362.2 21362 of the Public Employees Retirement Law (32% at age 5050 Full).