Vesting, Terminations, Refunds, and Interest When am I vested in the Retirement Systems?
You become vested once you have completed a minimum of five years of retirement service credit with the Retirement Systems. This means that you are eligible to apply for lifetime monthly retirement benefits based on the retirement formula, and the age and service requirements of the Retirement System in which you participate, provided you do not withdraw your contributions.
Related Questions
- Does creditable service with other retirement systems count toward the SERS service to determine years of creditable service for the purpose of group insurance?
- Back to Frequently Asked Questions What does the term "vested" mean with respect to retirement?
- Vesting, Terminations, Refunds, and Interest When am I vested in the Retirement Systems?
