Retirement Eligibility

Normal Retirement Age and Eligibility varies upon the date of hire.

Eligibility for retirement is based on a number of items such as your age, years of service, bargaining group classification, membership date, and retirement date. A minimum of ten (10) years of service is required for vesting purposes.

For all members hired prior to October 1, 2010:

Service Retirement

A member in service may elect a Service Retirement upon the attainment of normal retirement age as defined above.

Rule of 70 Retirement

A member in service may elect a Rule of 70 Retirement upon completion of a combination of years of creditable service plus attained age equaling seventy (70) points with a minimum of ten (10) years of creditable service.

For all members hired on or after to October 1, 2010:

Service Retirement

A member in service may elect a Service Retirement upon the attainment of normal retirement age as defined as the earlier of age sixty (60) with ten (10) years of creditable service or age fifty-five (55) with thirty years (30) of creditable service

Rule of 80 Retirement

A member in service may elect a Rule of 80 Retirement upon completion of a combination of years of creditable service plus attained age equaling eighty (80) points with a minimum of ten (10) years of creditable service.

For all members regardless of date of hire:

Early Service Retirement Benefit

A member in service who has twenty (20) or more years of creditable service may elect to retire early with an immediate benefit. The early retirement benefit equals the actuarial equivalent of the basic service retirement benefit that otherwise would have commenced upon the attainment of normal retirement age.

Deferred Vested Retirement Benefit

A member who ceases to be an employee for reasons other than death or willful misconduct, who is not entitled to an immediate benefit, who has completed at least ten (10) years of creditable service and has left his/her accumulated contributions on deposit with the Plan, would be eligible for a Deferred Vested Retirement benefit commencing at his/her normal service retirement age.

Service Retirement Benefits for Creditable Service

The Service Retirement benefit shall be as follows:

1. For all members hired before October 1, 2010, the Service Retirement benefit shall be equal to three percent (3.0%) of the member’s highest one year of compensation multiplied by the number of years of credible service.

2. For all members hired on or after October 1, 2010, the Service Retirement benefit for creditable service on and after that date shall be equal to
    
   1. For the first 15 years of creditable service, two and one-fourth percent of the member’s average final compensation multiplied by the number of years of creditable service
       
   2. For creditable service in excess of 15 years but less than 20 years, two and one-half percent of the member’s average final compensation multiplied by the number of years of creditable service; and
       
   3. For creditable service in excess of 20 years, two and three-fourths percent of the member’s average final compensation multiplied by the number of years of creditable service.

3. Effective October 1, 2017, for members of AFSCME Council 79, Local 871, the Service Retirement benefit for creditable service on and after October 1, 2010, shall be equal to:
    
   1. For the first twenty (20) years of creditable service, two and one-half percent (2.5%) of the member’s average final compensation multiplied by the number of years of credible service; and
       
   2. Two and three-fourths percent (2.75%) of the member’s average final compensation multiplied by the number of years of credible service in excess of twenty (20) years.

4. Effective October 1, 2023, for members of AFSCME local 1907, the Service Retirement benefit for creditable service for members hired on or after October 1, 2010, shall be equal to:
    
   1. For the first twenty (20) years of creditable service, two and one-half percent (2.5%) of the member’s average final compensation multiplied by the number of years of credible service; and
       
   2. Two and three-fourths percent (3.0 %) of the member’s average final compensation multiplied by the number of years of credible service in excess of twenty (20) years.