2011 California Code
Government Code
TITLE 1. GENERAL [100 - 7914]
CHAPTER 21. Public Pension and Retirement Plans
Section 7513.97
As used in Section 11 of Article VII of the Constitution, the following terms have the following meanings:
(a) Actuarial equivalent means a benefit of equal value when computed upon the basis of the mortality tables adopted and the actuarial interest rate fixed by the Board of Administration of the Public Employees Retirement System.
(b) Beneficiary means any person or corporation designated by a member, a retired member, or statute, or the estate of a member or retired member designated by the member or retired member, to receive a benefit under the retirement system, on account of the death of the member or retired member.
(c) Salary means the actual wages paid but shall not include any other benefits, such as, but not limited to, health and dental benefits, retirement benefits, vacation pay, and per diem.
(d) Unmodified pension or retirement allowance means the maximum pension or retirement allowance receivable, prior to any selection of an optional settlement and includes any cost-of-living adjustment and any other increase granted subsequent to retirement.
(Added by renumbering Section 7514 (as added by Stats. 1984, Ch. 220) by Stats. 2011, Ch. 296, Sec. 117. Effective January 1, 2012.)
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