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Are there any exceptions to the (potential) increase in retirement age eligibility for members of the Pension Plus 2 plan?
PA 92 allows an exception to any potential increase in retirement age eligibility if members are within five years of regular retirement age. The board may also exempt those members who are between five and eight years of retirement. Regular retirement age as of the beginning of the plan on February 1, 2018 is set at 60 years of age.
Created 8/7/2017