                                 CODE OF VIRGINIA

SERVICE RETIREMENT (§ 51.1-153)

A. Normal retirement. &#8212; Any member in service at his normal retirement
date with five or more years of creditable service may retire at any time upon
written notification to the Board setting forth the date the retirement is to
become effective. Any member in service who was denied membership prior to July
1, 1987, as a result of being age 60 or over when first employed may retire at
any time after his normal retirement date and the requirement of having five or
more years of service shall not apply.

B. Early retirement. &#8212; 1. Any member in service who has attained his
fifty-fifth birthday with five or more years of creditable service may retire
prior to his normal retirement date upon written notification to the Board
setting forth the date the retirement is to become effective.
			However, a person who becomes a member on or after July 1, 2010, or a member
who does not have at least 60 months of creditable service as of January 1,
2013, under this chapter shall be allowed to retire under this subdivision prior
to his normal retirement date only if the person is in service and has attained
his sixtieth birthday with five or more years of creditable service, and the
benefit for such person shall be calculated in accordance with the provisions of
subdivision A 3 of § 51.1-155.

   2. Subject to the provisions of subdivision 3, any state employee, teacher, or
   employee of a political subdivision who is a member of the retirement system
   may retire prior to his normal retirement date after attaining age 50 and 30
   years of creditable service, upon written notification to the Board setting
   forth the date the retirement is to become effective. The benefit for such
   member shall be calculated in accordance with the provisions of subdivision A
   1 of &#xA7; 51.1-155.

   3. A person who becomes a member on or after July 1, 2010, or a member who
   does not have at least 60 months of creditable service as of January 1, 2013,
   as a state employee, teacher, or employee of a political subdivision may
   retire prior to his normal retirement date after the sum of his age and years
   of creditable service equals 90, upon written notification to the Board
   setting forth the date the retirement is to become effective. The benefit for
   such member shall be calculated in accordance with the provisions of
   subdivision A 1 of &#xA7; 51.1-155.

   4. Notwithstanding the foregoing, a political subdivision by legally adopted
   resolution may declare to the Board that, for purposes of subdivisions B 1 and
   B 3 and subsection D, and subdivision A 3 of &#xA7; 51.1-155, any person who
   is an individual who meets the definition of &#8220;emergency medical services
   personnel&#8221; in &#xA7; 32.1-111.1 or who is employed as a firefighter, or
   law-enforcement officer as those terms are defined in &#xA7; 15.2-1512.2 (i)
   shall not be considered a person who becomes a member on or after July 1,
   2010, and (ii) shall be deemed to have at least 60 months of creditable
   service as of January 1, 2013. Such resolution shall be irrevocable.

C. Deferred retirement for members terminating service. &#8212; Any member who
terminates service after five or more years of creditable service, regardless of
termination date, may retire under the provisions of subsection A, B, or D if he
has not withdrawn his accumulated contributions prior to the effective date of
his retirement or if he has five or more years of creditable service for which
his employer has paid the contributions and such contributions cannot be
withdrawn. For the purposes of this subsection, any requirements as to the
member being in service shall not apply.

D. 50/10 retirement. &#8212; Any member in service on or after January 1, 1994,
who has attained his fiftieth birthday with 10 or more years of creditable
service may retire prior to his normal retirement date upon written notification
to the Board setting forth the date the retirement is to become effective. A
person who becomes a member on or after July 1, 2010, or a member who does not
have at least 60 months of creditable service as of January 1, 2013, shall not
be allowed to retire pursuant to this subsection.

E. Effective date of retirement. &#8212; The effective date of retirement shall
be after the last day of service of the member, but shall not be more than 90
days prior to the filing of the notice of retirement.

F. Notification on behalf of member. &#8212; If the member is physically or
mentally unable to submit written notification of his intention to retire, the
member&#8217;s appointing authority may submit notification on his behalf.

HISTORY: 1952, c. 157, § 51-111.53; 1966, c. 174; 1970, c. 476; 1976, c. 429;
1977, c. 620; 1982, c. 427; 1986, c. 474; 1988, c. 222; 1990, c. 832; 1995, cc.
152, 692, 811; 1996, cc. 768, 997; 1999, cc. 111, 567, 568, 569, 591, 592, 598,
599; 2000, cc. 66, 657, 911; 2010, cc. 737, 738; 2011, c. 483; 2012, cc. 701,
811, 823; 2013, cc. 456, 666; 2015, cc. 502, 503.