| Retiring With Full Benefits
- Age 65 with one year of service credit
- Age 62 with ten years of service credit
- Any age when your age and years of service credit added together equal 85 (85
points calculator)
All judges, other than Supreme Court justices, must retire at age 75. If you are a Supreme Court justice, you must retire at the end of the term in which you reach age 70. Retiring Early
- You can receive reduced benefits at age 55 with ten years
of service, even without the 85 points.
- Age 55 to 60: Benefits are reduced by 0.6 percent for each month you
are between age 55 and 60.
- Age 60 to 62: Benefits are reduced by 0.2 percent for each month you are between age 60 and 62.
If You Retire Early... |
| Age |
Reduced by |
Example: A $1,000 benefit: |
| At age 55... |
41% |
would be reduced to $590. |
| At age 56... |
34% |
would be reduced to $660. |
| At age 57... |
26% |
would be reduced to $740. |
| At age 58... |
19% |
would be reduced to $810. |
| At age 59... |
12% |
would be reduced to $880. |
| At age 60... |
5% |
would be reduced to $950. |
| At age 61... |
2% |
would be reduced to $980. |
“85 Points”
|
|
