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Can I retire earlier than age 63 under the Tier 6 Basic Plan? Tier 6 Basic Plan members may retire as early as age 55 with at least five years of Credited Service provided that they file their service retirement application while still on active payroll.
If the earnings in any 12-month period in your FAE exceed the average of the previous two years by more than 10 percent, the amount above 10 percent will not be included in your FAE calculation.
Most members are eligible to file a retirement application between 15 to 90 days before their retirement date. The fastest way to file is through your Retirement Online account. With Retirement Online, you can upload all your retirement-related documents as you step through the application process.
When can I retire under the Tier 6 Basic Plan? Tier 6 Basic Plan members must have a minimum of five years of Credited Service and be at least age 63 to retire and collect an unreduced Service Retirement Benefit.
The Latest 2025 UPDATE Now, an average of Tier 6 members last three salary years, instead of their last five salary years, will determine their lifetime pension payments. The new calculation means Tier 6 members will receive a bigger pension check, every month, for life.
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