                                 CODE OF VIRGINIA

SPECIAL RETIREMENT GUARANTEE (§ 51.1-405)

The retirement allowance payable to any member of the State Police
Officers&#8217; Retirement System who was in service on June 30, 1966, and who
retires on or after his normal retirement date shall equal two percent of his
average final compensation multiplied by his years of creditable service not in
excess of twenty-five years. If a member retires prior to his normal retirement
date, his allowance shall be determined in the same manner; however, the
allowance shall be reduced on an actuarial equivalent basis for the period by
which the actual retirement date precedes the normal retirement date. For the
purposes of this section, the retirement allowance shall be determined on the
assumption that it is payable to the member alone and that no optional
retirement allowance is elected.

HISTORY: Code 1950, §§ 51-135, 51-151; 1950, p. 885; 1954, c. 139; 1956, c.
562; 1966, c. 628; 1968, c. 647; 1970, c. 657; 1972, c. 568; 1973, cc. 290, 523;
1974, c. 353; 1976, cc. 525, 538; 1978, c. 841; 1981, c. 393; 1984, c. 430;
1986, c. 73; 1989, c. 484; 1990, c. 832.