|
Benefits - Active Members
DEFERRED RETIREMENT ANNUITY
You are eligible for a Deferred Retirement Annuity if you
leave the government after you have earned at least 10 years
of service credits. This annuity will be payable to you when
you reach age 50 with a reduction of 3.9% for every year
below 60 year of age. You may retire at any age with 30
years of credited service.
If you are a "Safety" employee, you can receive
a Deferred Annuity prior to age 55 with 10 years of credited
service. Your Deferred Retirement Annuity will be calculated
in the same manner that a Service Retirement Annuity is
calculated for a "Safety" employee.
|
