Retirement Eligibility: LGERS
Local Governmental Employees' Retirement System members who meet certain requirements may retire with either a full pension or a reduced pension. A brief overview of these requirements is listed below.
Reduced Pension Qualifiers:
Age 60 with 5 years creditable service
Age 50 with 20 years creditable service
Law Enforcement Officers (LEO) qualify at age 50 with 15 years of creditable service as an officer
Law Enforcement Officers (LEOs) qualify at any age with 25 years of creditable service, at least 15 of them in a law enforcement capacity
Vested Deferred (if all eligibility requirements are met)
You have at least 5 years of creditable service and you leave covered employment before you meet the unreduced or reduced retirement eligibility requirements
You leave your contributions and service in the Retirement System
You may apply to receive monthly benefits when you meet the retirement age requirements
Unreduced Pension Qualifiers:
30 years of creditable service at any age
Age 65 with 5 years membership service
Age 60 with 25 years creditable service
Law Enforcement Officers (LEO) qualify at age 55 with 5 years of creditable service as an officer
If you are approaching retirement, take a minute to review the requirements you need to meet in order to receive either a full or reduced pension.
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The intent of this website is to simplify the complex, complicated and sometimes confusing explanations that often accompany tax codes, pension standards or other financial jargon. In no way does LegacyRetirementGoals.com claim ownership or otherwise claim to be the express authority on any stated subject matter on any page or blog produced and shared on this site. Further, LegacyRetirementGoals.com, it's owners and/or affiliates do not work for TSERS, FERS or any other government agency.
