Defined benefit formula definition
Defined benefit formula means a formula used by the retirement system to determine a retirement benefit based on age, years of service, and pensionable compensation earned by an employee up to the limit defined in Section 7522.10.
Defined benefit formula means a formula used by the retirement system to determine a retirement benefit based on age, years of service, and pensionable compensation . . . ." (§ 7522.04, subd. (a).)