Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Section 586.1 - Normal Retirement Age(a) The normal retirement age of a member shall be the later of: (1) the age when the member is first eligible to retire pursuant to Article 1 through Article 5 of Chapter 12, Part 3, Division 5 of Title 2 of the Government Code; or(2) the highest specified age applicable to the member in the benefit formula, not to exceed age 62, where the highest specified age is defined as:(A) 62 if the member is entitled to benefits under Government Code sections 20176, 21076.5, 21100, or 7522.20;(B) 60 if the member is entitled to benefits under Government Code sections 21353 or 21354.3;(C) 57 if the member is entitled to benfits under Government Code section 7522.25;(D) 55 if the member is entitled to benefits under Government Code sections 21354, 21354.1, 21354.4, 21354.5, 21363, 21363.1, 21366, 21369, 21369.1, or 21369.2; and(E) 50 if the member is entitled to benefits under Government Code sections 21362, 21362.2, 21363.3, 21363.4 or 21363.8.(b) In the event an existing benefit formula is modified or a new benefit formula is enacted, the chief actuary may determine the normal retirement age until such time that the regulations may be amended.Cal. Code Regs. Tit. 2, § 586.1
1. New section filed 8-20-2004; operative 9-19-2004 (Register 2004, No. 34).
2. Amendment of subsections (a)(2)-(a)(2)(A), new subsection (a)(2)(C), subsection relettering and amendment of newly designated subsection (a)(2)(D) filed 3-12-2018; operative 7-1-2018 (Register 2018, No. 11). Note: Authority cited: Sections 20121 and 21220.5, Government Code. Reference: Section 21220.5, Government Code.
1. New section filed 8-20-2004; operative 9-19-2004 (Register 2004, No. 34).
2. Amendment of subsections (a)(2)-(a)(2)(A), new subsection (a)(2)(C), subsection relettering and amendment of newly designated subsection (a)(2)(D) filed 3-12-2018; operative 7/1/2018 (Register 2018, No. 11).