Public-domain · open source
OpenJurist

Cal. Gov. Code § 75520

Early Retirement and Normal Retirement

Known as the Judges’ Retirement System II Law

The act spans §§ 75500 to 75613 (62 sections).

Amended by Stats. 1999, Ch. 785, Sec. 20

(a) A judge shall, monthly, accrue monetary credits equal to 18 percent of the judge’s monthly salary.

(b) To the total monetary credits in each judge’s account, an additional amount shall be credited monthly at a rate, not less than zero, equal to the annual net earnings rate achieved by the Judges’ Retirement System II Fund on its investments of moneys in the Judges’ Retirement System II Fund during the preceding fiscal year.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.