Deferring Your Retirement Benefit

If you end state employment, you can delay receiving a monthly benefit until a later date. This is known as a "deferred benefit." You qualify for a deferred benefit if you are vested (meaning you have five years of service).

Reasons why you might defer your benefit

  • You left employment prior to retirement age and therefore, are not eligible yet to apply for a benefit.

  • You are employed elsewhere and do not want to begin collecting the benefit.

Calculating your benefit
To calculate your estimated monthly benefit, we use the same factors that are used for a regular retirement benefit. For more details, see Benefit Calculation


Apply for your benefit
You can apply for your monthly retirement benefit to begin at age 60 or later. If you receive the deferred benefit before normal retirement age (age 65 or 66, depending on your appointment date), it is reduced for each year and month you are under normal retirement age.  See Apply for Retirement for a list of the forms you need to complete.