PORS - Basic Plan Information

• Your Contributions

• Correlated Systems

• Leaving before Retirement

• Beneficiaries

• Retirement Eligibility

• Unused Leave at Retirement

• Your Average Final Compensation

• Payment Plans at Retirement

• Calculating Your Benefit

If you meet the following requirements, you are considered eligible to retire (see Correlated Systems if you have an account in more than one retirement system):¹

• 25 years of service credit on date of retirement, five years of which must be combined earned service credit; or

• Age 55 or older on date of retirement with at least five years of combined earned service credit.
  

¹If your membership began before January 1, 2001, you may also retire if you have 25 years of service credit on the date of retirement, five years of which must be combined creditable service accrued on December 31, 2000; or if you are age 55 or older on the date of retirement with at least five years of combined creditable service accrued on December 21, 2000.