Age 60 with at least five years of service. Any age with at least 30 years of service.
Can you pull money out of PSRs?
Members sometimes ask if you can borrow or withdraw money from your PSRS/PEERS account while working in covered employment. The answer is, no. However, if your covered employment ends, you can request a lump-sum refund of your contributions and interest.
What is the 10 year rule for PSERS?
To be vested in PSERS, you must have at least 10 years of creditable service. Once you have 10 years of creditable service, youre able to receive a retirement benefit from PSERS when you docHub age 60 (at a reduced benefit) and 65 for full benefits.
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