Eligible Members:
All
Vesting:
10 YCS
Age/YCS:
55/20 or Rule of 80 with 20 YCS
Benefit Formula:
Years of Credited Service x $94, min $500/month
Final Average Salary:
Highest 5 years
Automatic COLA:
None
Benefit Tier Options:
Retro DROP, 2 yr. max. Employee contributions credited, no interest or COLA.
Social Security:
No