Longevity/Performance Pay Need Not Be Included In California Retirement Calculations
The Memorandum of Understanding between the County of Monterey, California and the Monterey County Deputy Sheriffs Association includes a longevity performance stipend that employees who achieved 20 years of service and a satisfactory or outstanding performance evaluation could receive an additional stipend of up to eight percent. CalPERS provides pension fund retirement services for employees of the County and the Sheriff’s Department. The County has never reported the longevity…