Offset of accumulated increases or decreases.
San José Municipal Code § 3.44.045
in effect3.44.045 - Offset of accumulated increases or decreases.
The accumulated percentage increases or decreases in cost of living set forth in Section 3.44.040 shall be offset by the increase in monthly allowance payable pursuant to Chapter 3.42 of this Code as follows:
A. The increase in monthly allowance set forth in Section 3.42.020 or Section 3.42.110 shall be expressed as a percentage increase and the percentage shall be subtracted from the accumulated percentage increases or decreases set forth in Section 3.44.040.
B. The remaining accumulated percentage increases or decreases shall be included in the determination of increases or decreases of retirement allowances and survivorship allowances as provided in Section 3.44.040.
C. If the increase in monthly allowance percentage calculated pursuant to subsection A. above is greater than the accumulated increases or decreases, the accumulated increases or decreases shall be set at zero for the index-year in which the offset occurs.
(Ords. 22279, 24095.)
Source: City of San José, Municipal Code (Municode Library, library.municode.com)URL: https://library.municode.com/ca/san_jose/codes/code_of_ordinances?nodeId=TIT3PE_IIREPL_CH3.44CO-LAD_3.44.045OFACINDEFetched: 11/1/2026