Earning Pension Service Credit
		Vesting Your Pension
		Retirement Ages and Types
		Determining Your Pension Amount
		Different Ways to Receive Your Pension
		Applying for Your Pension
		Appeal of Denial of Benefits
		Pension Plan Application Procedures
		Forms and Publications

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VESTING YOUR PENSION

The term “vested” simply means that you have earned enough credit that your pension is guaranteed to you when you reach retirement age. You cannot lose your pension credit even if you stop working.

5-Year Vesting

You can become vested after earning five or more years of Eligibility Service (without a Break-in-Service) if:

• you earn one year of Eligibility Service after 1997 and
• you complete at least one hour of Covered Employment on or after December 1, 1998.

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10-Year Vesting

To receive a pension earlier than your Normal Retirement Age, you must have earned 10 or more years of Eligibility Service. without a Break-in-Service.

Ten-year vesting entitles you to an Early Retirement pension beginning as early as age 55 or to a Disability Pension, in addition to the pension types listed above under 5-year vesting.

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