To apply for retirement, a member must meet the eligibility requirements specified in their particular plan. You cannot use unused annual and sick leave to reach eligibility for retirement. Also, certain service purchases may not be used to meet retirement eligibility.
For example, a rank-and-file member hired on or after after July 1, 2015, must have at least five years of service and be 62 years of age to be eligible for an unreduced retirement benefit.
LASERS administers more than 20 different retirement plans.
Find your specific plan type by:
- Logging into myLASERS and accessing your account information;
- Reviewing your printed Annual Statement or the electronic version in myLASERS;
- Calling LASERS for assistance.
Read the Retirement Eligibility and Final Average Compensation chapter in the Member’s Guide to Retirement for additional information.
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