Retirement Eligibility

For Plans A – T and W

As an active member, you are eligible for a Service Retirement Allowance when you meet the minimum age and Service Credit requirements listed below:

•  Any part/full-time member age 50 or over with 10 or more years of service
•  Any general member at any age with 30 or more years of service (20 years for Safety)
•  A part-time employee age 55 or older with 5 years of Service Credit and at least 10 years of active employment with an employer covered by OCERS
•  Age 70 or over, regardless of your years of service

For  Plans U and V

As an active member, you are eligible for a Service Retirement Allowance when you meet the minimum age and Service Credit requirements listed below:

•  Any general member age 52 or over with 5 or more years of service
•  Any safety member age 50 or over with 5 or more years of service
•  Age 70 or over, regardless of your years of service.

The 4 components of your Service Retirement Allowance

The amount of your monthly Service Retirement Allowance is computed based on these four components:

• Plan Formula
• Years of Service Credit
• Final Average Salary (Compensation Earnable/Pensionable Compensation)
• A factor based on your age at retirement

The maximum monthly allowance you can receive cannot exceed 100% of your Final Average Salary.

For a quick and easy calculation, click on the Benefits Calculator, or you can create your own personalized estimate by logging into myOCERS.

 For complete details about your OCERS membership and benefit plan, consult your Summary Plan Description.

Log into to myOCERS and view your account online