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Retirement Application Changes (10/6/09)
Beginning January 1, 2010, retirement applications must be received by PERS before the effective retirement date. The change applies to Tier One, Tier Two, and OPSRP Pension Program retirements but does not apply to the Individual Account Program (IAP). The effective retirement date is always the first day of a month.
Until January 1, 2010, a PERS member can apply for retirement any time during a month if the member separated from all PERS-covered employment prior to the first day of the month. The effective retirement date can be retroactive to the first day of that month.