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CalPERS members whose effective date of retirement is within four(4) months of <br /> separation from employment. <br /> B. Military Service Credit as Public Service (Government Code §21024) <br /> An employee may elect to purchase up to four (4) years of service credit for any <br /> continuous active military or merchant marine service prior to employment. The <br /> employee must contribute an amount equal to the contribution for current and prior <br /> service that the employee and the employer would have made with respect to that <br /> period of service. <br /> C. Pre-Retirement Death Benefits <br /> 1. Optional Settlement 2W Death Benefit Government Code §21548 <br /> The spouse of a deceased employee, who is eligible to retire from service at the <br /> time of death, may elect to receive a Pre-Retirement Optional Settlement 2W <br /> Death Benefit. The benefit is a monthly allowance equal to the amount the <br /> employee would have received if they had retired from service on the date of <br /> death and elected Optional Settlement 2, the highest monthly allowance an <br /> employee can leave a spouse. <br /> 2. Fourth Level 1959 Survivors Benefit(Government Code §21574) <br /> D. Post-Retirement Death Benefits <br /> Post-Retirement Survivors Allowance (PRSA) for continuation of benefits even <br /> after remarriage (Government Code §21624, 21626 and 21628). <br /> E. Cost of Living Allowance (COLA) (Government Code &21329) <br /> Up to a maximum of a two percent(2.0%) COLA as determined by Ca1PERS each <br /> year. <br /> 2025 MOU City of Santa Ana &SEIU Full-Time Employees Unit Page 65 <br />