(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
.5000
50¼
.5125
50½
.5250
50¾
.5375
51
.5500
51¼
.5625
51½
.5750
51¾
.5875
52
.6000
52¼
.6125
52½
.6250
52¾
.6375
53
.6500
53¼
.6625
53½
.6750
53¾
.6875
54
.7000
54¼
.7125
54½
.7250
54¾
.7375
55
.7500
55¼
.7625
55½
.7750
55¾
.7875
56
.8000
56¼
.8125
56½
.8250
56¾
.8375
57
.8500
57¼
.8625
57½
.8750
57¾
.8875
58
.9000
58¼
.9125
58½
.9250
58¾
.9375
59
.9500
59¼
.9625
59½
.9750
59¾
.9875
60
1.0000
60¼
1.0125
60½
1.0250
60¾
1.0375
61
1.0500
61¼
1.0625
61½
1.0750
61¾
1.0875
62
1.1000
62¼
1.1125
62½
1.1250
62¾
1.1375
63
1.1500
63¼
1.1625
63½
1.1750
63¾
1.1875
64
1.2000
64¼
1.2125
64½
1.2250
64¾
1.2375
65
1.2500
(b) This section shall not apply to a National Guard member.