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Retirement at a Glance
The following chart is a summary of the age and service requirements for different retirement types and the pension calculation for each.
|AGE & SERVICE REQUIREMENTS||PENSION FORMULA|
|Full Retirement||Any age with 25 years of service.||FAC x 60%|
|Deferred Retirement||Age 50 with 10 or more years of service.||FAC x 2% x Years of Service|
|Duty Disability||No age or service requirements.||FAC x 60%|
|Nonduty Disability||No age requirement; 10 or more years of service.||FAC x 2.4% x Years of Service|
|Duty Preretirement Survivor||No age or service requirements.||FAC x 60%|
|Nonduty Preretirement Survivor||Active member at death - No age requirement; 10 or more years of service.||FAC x 2.4% x Years of Service|
|Deferred member at death - 10 or more years of service.
The benefit is payable the first of the month following the date you would have reached age 50.
|Survivor Pension||Your spouse or eligible dependents may receive your pension if you die as a retiree.||Same benefit as deceased retiree|