For ERS Tier 3 and 4 Members
(Articles 14 and 15)
If you leave public employment with at least five, but less than ten years of credited service, you may choose to:
- End your membership and withdraw your accumulated contributions (with interest compounded at 5 percent per year); or
- Leave your contributions in your account and qualify for a retirement benefit when you are 55.
To help you decide which would be more beneficial, visit our website and use our benefit calculator to project your pension using the “vested retirement” choice. You can also contact our Call Center to request a benefit projection.
If you choose to withdraw your membership, or you do not qualify for a retirement benefit, you should file the Withdrawal Application (RS5014) no earlier than 15 days after you leave public employment.
If you qualify for a retirement benefit and you do not withdraw your membership, you may apply for a retirement benefit when you reach age 55.
Once you have ten or more years of credited service, you cannot withdraw from the Retirement System.