You may retire at any age after completing 25 years of En-Con police service, or you may qualify for a service retirement if you reach age 60 before having served 25 years as an En-Con police officer.
With 25 years of creditable service, your benefit will equal 1/50th (2 percent) of your FAS for each year of En-Con police service. For each year of service beyond 25 years, including service other than as an En-Con police officer, you will receive an additional 1/60th (1.66 percent) of your FAS, up to a maximum of 15 years for Tier 1 members and seven years for Tier 2, 3, 5 and 6 members.
Your total benefit cannot exceed 75 percent of your FAS if you are a Tier 1 member, or 61.67 percent of your FAS if you are a Tier 2, 3, 5 or 6 member.
If you retire at age 60 before completing 25 years of service, you will receive a benefit equal to 1/50th (2 percent) of your FAS for each year of En-Con police service and 1/60th (1.66 percent) of your FAS for each year of non-En-Con police service. Your total benefit may not exceed one-half (50 percent) of your FAS. If you are at least 55 at retirement, and an alternative regular plan would provide a greater benefit, the greater benefit will be paid.
The Application for Service Retirement (RS6037) must be on file with the Office of the State Comptroller at least 15 days, but not more than 90 days, before the date on which your retirement will occur. The 15-day filing requirement is waived if you are over age 70 at retirement.