Retirement Eligibility

Retirement Eligibility - Teachers' and State Employees' Retirement System:

Unreduced

30 years of creditable service at any age
Age 65 with 5 years membership service
Age 60 with 25 years creditable service
Law Enforcement Officers (LEO) qualify at age 55 with 5 years of creditable service as an officer

Reduced

Age 60 with 5 years membership service
Age 50 with 20 years creditable service
Law Enforcement Officers (LEO) qualify at age 50 with 15 years of creditable service as an officer
Law Enforcement Officers (LEOs) qualify at any age with 25 years of creditable service, at least 15 of them in a law enforcement capacity

Vested Deferred (if all eligibility requirements are met)

You have at least 5 years of membership service and you leave covered employment before you meet the unreduced or reduced retirement eligibility requirements
You leave your contributions and service in the Retirement System
You may apply to receive monthly benefits when you meet the retirement age requirements

Retirement Eligibility - Local Governmental Employees' Retirement System:

Unreduced

30 years of creditable service at any age
Age 65 with 5 years creditable service
Age 60 with 25 years creditable service
Law Enforcement Officers (LEO) qualify at age 55 with 5 years of creditable service as an officer

Reduced

Age 60 with 5 years creditable service
Age 50 with 20 years creditable service
Law Enforcement Officers (LEO) qualify at age 50 with 15 years of creditable service as an officer
Law Enforcement Officers (LEOs) qualify at any age with 25 years of creditable service, at least 15 of them in a law enforcement capacity

Vested Deferred (if all eligibility requirements are met)

You have at least 5 years of creditable service and you leave covered employment before you meet the unreduced or reduced retirement eligibility requirements
You leave your contributions and service in the Retirement System
You may apply to receive monthly benefits when you meet the retirement age requirements