For ERS Tier 2 Members
Retiring Before Age 62
If you retire with 30 or more years of service, your benefit will not be reduced as a result of retiring before age 62. With less than 30 years of service, your benefit will be reduced by the percentages shown below. The percentage of the benefit reduction is prorated based on your exact age at retirement.
|Age at Retirement||Percentage of Reduction|
It is important to know that once you retire with a reduced benefit, the reduction is permanent — it does not end when you turn 62.