Ed. Code, § 24202 · Chapter 27. Service Retirement
Ed. Code, § 24202
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) A member who retires for service after June 30, 1972, shall receive a retirement allowance consisting of both of the following:
(1) An annual allowance payable in monthly installments, upon retirement at normal retirement age but less than age 60 1/4, equal to 2 percent of the final compensation for each year of credited service. If the member’s retirement is effective at less than normal retirement age and between early retirement age and normal retirement age, the member’s allowance shall be reduced by one-half of 1 percent for each full month, or fraction of a month that will elapse until the member will attain normal retirement age.
(2) An annuity that shall be the actuarial equivalent of the accumulated annuity deposit contributions standing to the credit of the member’s account at the time of retirement.
(b) In computing the amounts described in subdivision (a), the age of the member on the last day of the month in which the retirement allowance begins to accrue or such later date as provided in Section 24204 shall be used.
(c) The amendments to this section during the 1997–98 Regular Session of the Legislature shall not apply to state employees.
(d) This section shall not apply to a member subject to the California Public Employees’ Pension Reform Act of 2013.
Notes and commentary — not statutory text
History
Amended by Stats. 2013, Ch. 559, Sec. 19. (AB 1381) Effective January 1, 2014. Deemed operative January 1, 2013, by Sec. 1 of Ch. 559.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=24202.
- Text hash
- sha256 125f38d5e06115cb097198f11a6687f24a81480d99c366d8011c89c9c5619242
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
- printed fractions are shown as 1/4
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Education Code
Cited by 4 provisions
Provisions in this library whose text cites Ed. Code, § 24202. Each shows the citation as that text prints it.
Education Code
- Ed. Code, § 22328Printed as Section 24202
- Ed. Code, § 24209Printed as Section 24202, 24202.5, 24202.6, 24203, 24203.5, or 24206 | Section 24202, 24202.5, 24202.6, 24203.5, or 24206
- Ed. Code, § 24210Printed as Section 24202, 24202.5, 24202.6, 24203, 24203.5, 24203.6, or 24206
- Ed. Code, § 24217Printed as Section 24202
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.