Process for Determination of Plan Benefits and Contributions
San Diego Municipal Code § 24.1607
in effect§24.1607 Process for Determination of Plan Benefits and Contributions
(a) By February 1 of each year the Retirement Administrator shall identify those retirees and beneficiaries whose benefit exceeds the limits of Section 415 of the Code.
(b) The Retirement Administrator shall determine the amount of the benefit to be paid to these retirees or beneficiaries under this Plan in accordance with Section 24.1603.
(c) The Retirement Administrator shall notify the City and Unified Port District of those retirees and beneficiaries whose benefit exceeds the limits of Section 415 of the Code as well as the amounts due those retirees and beneficiaries under this Plan.
(d) The City and Unified Port District, respectively, shall fund an amount equivalent to the benefits that exceed the limits of Section 415 of the Code.
(e) The City and Unified Port District contributions to the Retirement System shall be reduced by an amount equal to the benefits identified by the Retirement Administrator which exceed the limits of Section 415 of the Code based upon the Board’s approval of the contribution rates recommended by its actuary.
(Added 3–19–2001 by O–18930 N.S.)
Source: City of San Diego Office of the City Clerk, San Diego Municipal Code and City Charter (docs.sandiego.gov PDFs)URL: https://docs.sandiego.gov/municode/MuniCodeChapter02/Ch02Art04Division16.pdf#page=5Fetched: 10/28/2026