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  Last Updated: 11/21/2014
 
   Eligibility
  Service requirements (vesting schedule)
  • If employee became a member before July 1, 2010, members with three years of allowable service credit are fully vested and therefore, eligible to receive a monthly benefit in retirement.
  • If employee became a member on or after July 1, 2010, vesting is based on a graded schedule.
    • 50% vested after 5 years of service
    • 60% vested after 6 years of service
    • 70% vested after 7 years of service
    • 80% vested after 8 years of service
    • 90% vested after 9 years of service
    • 100% vested after 10 years of service
Age requirements

A Correctional Plan employee may begin drawing a reduced benefit as early as age 50 and an unreduced benefit at age 55.

Employer-Paid health insurance benefits

Employees of many positions covered by the Correctional Plan are also eligible for employer-paid health insurance benefits from the date they retire until they reach age 65. Please contact your human resource department regarding this important health care coverage benefit before you decide to retire.

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Minnesota State Retirement System
60 Empire Drive, Suite 300, St. Paul, MN 55103-3000
Telephone: (651) 296-2761, Toll Free: (800) 657-5757, Fax: (651) 297-5238
E-Mail: info@msrs.us
Please do not include confidential information, such as social security numbers, in email
correspondence with MSRS.
An Equal Opportunity Employer
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