1 / 11

IMPORTANT MILESTONES IN YEARS OF SERVICE AT ATRS

IMPORTANT MILESTONES IN YEARS OF SERVICE AT ATRS. FIVE Years. VESTED. Eligible for Retirement Benefit, Disability Benefit, Survivor Benefit. 5. 5. 1. 2. 3. 4. 0. TEN Years. Death Benefit. Active or Retired Member $10,000 Contributory $6,667 Noncontributory

micol
Download Presentation

IMPORTANT MILESTONES IN YEARS OF SERVICE AT ATRS

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. IMPORTANT MILESTONES IN YEARS OF SERVICE AT ATRS

  2. FIVE Years VESTED Eligible for Retirement Benefit, Disability Benefit, Survivor Benefit 5 5 1 2 3 4 0

  3. TEN Years Death Benefit Active or Retired Member $10,000 Contributory $6,667 Noncontributory Mixed Contributory/Noncontributory - Prorated STIPEND $75 Per Month Above Regular Annuity 10 10 5 7 8 6 9

  4. TWENTY FIVE Years Early Retirement 25 years Credited Service Less than 60 Years of Age Reduced Annuity 25 25 20 22 23 16 17 18 19 24 21 15

  5. TWENTY EIGHT Years Retirement Full Retirement Benefits At Any Age Early T-DROP 28 28 25 26 27

  6. THIRTY Years T- DROP No Reduction 30 30 29 28

  7. SEPARATIONPERIODS

  8. RETIREMENT AGE 65 NO SEPARATION PERIOD

  9. RETIREE'S SERVICE YEARS 38 A member with LESS THAN 38 years of service and under age 65 must terminate for SIX MONTHS

  10. RETIREE'S SERVICE YEARS 38 A member with 38 or more years of service and under age 65 must terminate for ONE MONTH

  11. CONTACT US: Little Rock area: 501-682-1517 Outside the Little Rock area: 800-666-2877. The general information email is: info@artrs.gov

More Related