Notwithstanding any other provision of law, the board of supervisors in a county of the 10th class as described by Section 28031 may adopt, by majority vote, a resolution providing that: (a) Any general member employed by the county or any district included within the membership of the county retirement association shall have the option, at any time prior to retirement, of having his retirement allowance for service rendered after the date of his exercising this option calculated to equal the following: (1) The fraction of one-ninetieth of the first one thousand fifty dollars ($1,050) monthly of the memberâs final compensation set forth in the table appearing in Section 31676.1 in the column applicable to the memberâs age at retirement taken to the preceding completed quarter year multiplied by the number of years of creditable service as provided therein. (2) The fraction of one-sixtieth of any remaining portion of the memberâs final compensation set forth in the table appearing in Section 31676.1 in the column applicable to the memberâs age at retirement taken to the preceding completed quarter year multiplied by the number of years of creditable service. The retirement allowance payable for service rendered prior to the date of the memberâs election shall be computed in accordance with the provisions of Section 31676.1. The retirement allowance payable for service performed after the effective date of the memberâs election shall equal the total of paragraphs (1) and (2) of this subdivision. Any member who elects to have his retirement allowance so calculated shall have the definition of âfinal compensationâ in Section 31462 or Section 31462.2, whichever is applicable, applied at the date of retirement regardless of previous service under the provisions of Section 31462.1. (b) Any safety member employed by the county or any district included within the membership of the county retirement association shall have the option, at any time prior to retirement, of having his retirement allowance for service rendered after the date of his exercising this option calculated to equal the following: (1) The fraction of one seventy-fifth of the first one thousand fifty dollars ($1,050) monthly of the memberâs final compensation set forth in the table appearing in Section 31664 in the column applicable to the memberâs age at retirement taken to the preceding completed quarter year multiplied by the number of years of creditable service as provided therein. (2) The fraction of one-fiftieth of any remaining portion of the memberâs final compensation set forth in the table appearing in Section 31664 in the column applicable to the memberâs age at retirement taken to the preceding completed quarter year multiplied by the number of years of creditable service. The retirement allowance payable for service rendered prior to the date of the safety memberâs election shall be computed in accordance with the provisions of Section 31664. The retirement allowance payable for service performed after the effective date of the safety memberâs election shall equal the total of paragraphs (1) and (2) of this subdivision. Any safety member who elects to have his retirement allowance so calculated shall have the definition of âfinal compensationâ in Section 31462 or Section 31462.2, whichever is applicable, applied at the date of retirement regardless of previous service under the provisions of Section 31462.1. (c) Before permitting a member to exercise the option authorized by this section, the board of supervisors shall provide that member with a written explanation of the effect on the memberâs retirement benefits and contributions of exercising that option. No member may rescind his action after exercising the option authorized in this section. (d) Any member who elects deferred retirement after becoming subject to the provisions of this section shall receive a retirement allowance determined in accordance with subdivisi
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