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MSEP 2011 & The Rule of 90
We are unaware of any legislative proposals related to changing MSEP 2011 normal retirement eligibility from “90 and out” to “80 and out”. Members of MSEP 2011 reach normal retirement eligibility when they have at least 5 years of service and are age 67 OR under the “Rule of 90”. Under the “Rule of 90”, they must be at least age 55 and their age plus years of service must equal 90 or more at the time of termination of employment. For example, if someone leaves employment at age 60 and has 30 years of service, they would meet the Rule of 90.
NORMAL RETIREMENT ELIGIBILITY REQUIREMENTS:
- Age 65 + 5 years of service or
- Age 60 + 15 years of service or
- “Rule of 80” – (at least age 48) when age + years of service = 80 or more
- Age 62 + 5 years of service or
- “Rule of 80” – (at least age 48) when age + years of service = 80 or more at time of termination.
- Age 67 + 5 years of service or
- “Rule of 90” – (at least age 55) when age + years of service = 90 or more at time of termination
Not sure if you are in MSEP, MSEP 2000, or MSEP 2011? See What’s My Plan? with information about plan membership, retirement eligibility requirements, and other plan provisions.
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Archive
Disclaimer
We strive to provide the most accurate information possible in our answers to Rumor Central questions. However, occasionally, laws, policies or provisions change and individual circumstances may vary. Please contact a MOSERS benefit counselor or see the handbooks in our website Library for more detailed information. If there is any difference between the information provided in this blog or on the MOSERS website and the law or policies that govern MOSERS, the law and policies will prevail. See our Privacy, Security & Legal Notices for more information.