(a) The service retirement allowance for a state miscellaneous or state industrial member who has elected the benefits of this section is a pension equal to the fraction of one-hundredth of the member’s final compensation set forth opposite the member’s age at retirement, taken to the preceding completed quarter year in the following table, multiplied by the member’s number of years of state miscellaneous service:

Age at

Retirement

Fraction

50 ........................

0.5000

501/4 ........................

0.5125

501/2 ........................

0.5250

503/4 ........................

0.5375

51 ........................

0.5500

511/4 ........................

0.5625

511/2 ........................

0.5750

513/4 ........................

0.5875

52 ........................

0.6000

521/4 ........................

0.6125

521/2 ........................

0.6250

523/4 ........................

0.6375

53 ........................

0.6500

531/4 ........................

0.6625

531/2 ........................

0.6750

533/4 ........................

0.6875

54 ........................

0.7000

541/4 ........................

0.7125

541/2 ........................

0.7250

543/4 ........................

0.7375

55 ........................

0.7500

551/4 ........................

0.7625

551/2 ........................

0.7750

553/4 ........................

0.7875

56 ........................

0.8000

561/4 ........................

0.8125

561/2 ........................

0.8250

563/4 ........................

0.8375

57 ........................

0.8500

571/4 ........................

0.8625

571/2 ........................

0.8750

573/4 ........................

0.8875

58 ........................

0.9000

581/4 ........................

0.9125

581/2 ........................

0.9250

583/4 ........................

0.9375

59 ........................

0.9500

591/4 ........................

0.9625

591/2 ........................

0.9750

593/4 ........................

0.9875

60 ........................

1.0000

601/4 ........................

1.0125

601/2 ........................

1.0250

603/4 ........................

1.0375

61 ........................

1.0500

611/4 ........................

1.0625

611/2 ........................

1.0750

613/4 ........................

1.0875

62 ........................

1.1000

621/4 ........................

1.1125

621/2 ........................

1.1250

623/4 ........................

1.1375

63 ........................

1.1500

631/4 ........................

1.1625

631/2 ........................

1.1750

633/4 ........................

1.1875

64 ........................

1.2000

641/4 ........................

1.2125

641/2 ........................

1.2250

643/4 ........................

1.2375

65 ........................

1.2500

(b) This section shall not apply to a National Guard member.

(c) This section shall not apply to anyone who first becomes a member on or after January 1, 2013.

(Amended by Stats. 2012, Ch. 296, Sec. 25. (AB 340) Effective January 1, 2013.)