§ 5-4-202. Determination of normal retirement date and early retirement date.  


Latest version.
  • (a) Normal retirement date through June 30, 2002. Through June 30, 2002, a participant's normal retirement date is the first day of the month coinciding with or next following the participant's 50th birthday and the completion of actual plan service plus transferred service under § 5-1-304 totaling five years.
    (b) Normal retirement date on or after July 1, 2002. On and after July 1, 2002, a participant's normal retirement date is the first day of the month coinciding with or next following the earlier of:
    (1) the participant's 50th birthday and the completion of actual plan service plus transferred service under § 5-1-304 totaling five years; or
    (2) the participant's completion of actual plan service plus transferred service under § 5-1-304 and disability leave service totaling 20 years.
    (c) Early retirement date. Through June 30, 2002, a participant's early retirement date is the first day of the month coinciding with or next following the participant's completion of actual plan service plus transferred service under § 5-1-304 and disability leave service totaling 20 years.
    (1985 Code, Art. 7, § 4-202) (Bill No. 90-01)