Ed. Code, § 24203 · Chapter 27. Service Retirement
Ed. Code, § 24203
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) A member who has 30 years of credited service under this part may retire at age 50 years or older and receive an annual allowance equal to 2 percent of final compensation for each year of credited service. If the member has attained age 50 years, but has not attained early retirement age, the allowance shall be reduced by one-quarter of 1 percent for each full month or fraction of a month that will elapse until the member will attain early retirement age and one-half of 1 percent for each full month, or fraction of a month between early retirement age and normal retirement age.
(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 any later date provided in Section 24204 shall be used.
(c) 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. 23. (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=24203.
- Text hash
- sha256 282ec38725d1958b7bfd00132910dfba1374fc7bdb93ae401c80d35a79a3b8a9
- 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
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 6 provisions
Provisions in this library whose text cites Ed. Code, § 24203. Each shows the citation as that text prints it.
Education Code
- Ed. Code, § 24201.5Printed as Section 24201 or 24203
- Ed. Code, § 24203.6Printed as Section 24202.5, 24203, 24203.5, 24205, 24209, 24209.3, 24210, 24211, 24212, or 24213
- Ed. Code, § 24209Printed as Section 24202, 24202.5, 24202.6, 24203, 24203.5, or 24206
- Ed. Code, § 24210Printed as Section 24202, 24202.5, 24202.6, 24203, 24203.5, 24203.6, or 24206
- Ed. Code, § 24307Printed as Section 24201 or 24203
- Ed. Code, § 24333Printed as Section 24201 or 24203
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.