Early Retirement Benefits: 25-and-Out

Early retirement benefits under the 25-and-Out provision allow you to retire early with reduced lifetime retirement benefits. You must have at least 25 years of service to qualify. The benefit factors for 25-and-Out are based on your years of service and range from 1.51% to 1.59%.

You are eligible for early retirement benefits calculated with the 25-and-Out formula if you:

  • Are under age 55 with at least 25 but fewer than 30 years of service
  • Do not qualify for the Rule of 80 (when your age plus your years of service equals 80 or more)

Your benefit amount will be higher if you wait and file for Normal (Full) service retirement benefits. Learn more »

You must properly terminate your employment to be eligible to retire. Learn more »