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70 & Out Rumor

May 29, 2018, 16:00 PM by MOSERS

I was hearing that there may be a 70 & out for one to retire from Corrections? Is this true or another rumor....

No, this is not true. MOSERS administers retirement benefits but we do not have the authority to change plan provisions. Any change to the Rule of 80/”80 & Out” (or any other state employee pension provisions) would require a change in the law. The 2018 regular legislative session ended on May 18th and there were no such proposed changes. Keep in mind that the Rule of 80/”80 & Out” is not the only way to reach normal retirement eligibility.

General state employees become eligible for normal retirement once they meet one of the following sets of age and service criteria:

MSEP Members
  • Age 65 + 5 years of service
  • Age 60 + 15 years of service
  • “Rule of 80” – (at least age 48) when age + years of service = 80 or more.
MSEP 2000 Members
  • Age 62 + 5 years of service
  • “Rule of 80” – (at least age 48) when age + years of service = 80 or more
MSEP 2011 Members
  • Age 67 + 5 years of service
  • “Rule of 90” – (at least age 55) when age + years of service = 90 or more at time of termination

See What’s My Plan? with information about plan membership, retirement eligibility requirements, and other plan provisions.

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