Pompano Beach General Employees Retirement System

Pompano Beach General Employees Retirement System

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Under Florida law, e-mail addresses are public records. If you do not want your e-mail address released in response to a public-records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.


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Plan Provisions - Retirement Dates

   

Normal Retirement Date

Your Normal Retirement Date is the earliest date when unreduced retirement benefits may be paid to you. Your Normal Retirement Date is the earlier of the date when you reach age 55 and complete 20 years of Credited Service or the date when you reach age 62 and complete 3 years of Credited Service as a regular employee.

Early Retirement Date

Your Early Retirement Date is the first day of any month following completion of 20 years of Credited Service. You may retire at any time following this date with reduced benefits as described later.

DROP Election Date

If you participate in the Deferred Retirement Option Plan (DROP), your DROP Election Date is the date when you elect to enter the DROP.

DROP Termination Date

If you elect to enter the DROP, your DROP Termination Date is the date when you cease to be an employee of the City and begin receiving your calculated retirement benefit.

Delayed Retirement Date

You may continue to work past your Normal Retirement Date. If you do so, the date you actually stop working will be your Delayed Retirement Date.

<- Eligibility and Credited Service -- Retirement Benefits  ->