What is the earliest I can sign up to retire, prior to my retirement date.You can submit your retirement application up to 4 months (120 days) prior to your retirement date. There are specific due dates required for submission of your Retirement Application and Retirement Election Form.
While most people think of their retirement date as their last day at work (when they pack up their things, say goodbye, and maybe have cake), for us at MOSERS, that is your “termination date”. Your “retirement date,” when it comes to getting your benefits from MOSERS, is the date you put on your Retirement Application and it will be the first day of the month in which you start receiving retirement benefit payments. For example, if a member’s last day at work is January 31, their retirement date could be February 1 and they would get their first payment from MOSERS on February 28. The timeframe to apply for a February 1 retirement date is October 1 – December 31.
We encourage you to go to our website, log in to your Member Homepage, and retire online as soon as you have gathered information and made your decisions. Before your benefit payments can begin, you must complete the 2-step retirement process. This process, which involves your submission of several important forms, allows MOSERS to provide you with relevant, individualized information needed to make informed decisions regarding your future benefit payment. Use the Retirement Guide to assist you. This summary of the retirement process includes a detailed explanation of each form as well as a Smart Start Checklist of information you should have readily available when you apply. The Retire Online video also has helpful tips to lead you through the process.
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