Tier:
Elected Class
Eligible Members:
All
Vesting:
8 YCS
Age/YCS:
60/8 or 50/12
Benefit Formula:
Years of Credited Service x 2.3% x Final Average Salary
Final Average Salary:
Current State salary of a district judge
Automatic COLA:
None
Benefit Tier Options:
None
Social Security:
Yes
Note:
Retirees of the Elected Class of ERS and JRS I and II members receive an increase in their annuity payment when the current salary of a district judge in increased. Future benefit payments are recalculated based on the new salary.