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Form 14, Survivor Retirement Application PERS Mississippi

Form 14, Survivor Retirement Application PERS Mississippi

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Instructions and help about Form 14, Survivor Retirement Application PERS Mississippi

the important part to pay attention to is this retirement eligibility so when can you retire from the per system if your tier 1 and tier 2 you can retire if you have 30 years of service and at any age so if you started working when you were 17 you can retire at the ripe old age of 47 or you can retire if your tier 1 at age 48 if your tier 2 you can retire at age 60 that's with full retirement benefits you can choose to retire from the per system early for tier 1 that's at the age of 55 to 58 would be early tier 2 would be at the age of 55 to 60 would be early you will typically see a decrease in your pension benefit of approximately 4 to 8 percent per year that you retire early so if you're retiring a year prior to full retirement you might see a 4 to 8 percent decrease in your monthly pension benefit so that's something to take into consideration police and fire have slightly lower retirement ages and service requirements so you can retire a little bit younger and after a few fewer ye

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