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What is the effective date of my retirement?
The effective date of retirement is always the last day of the month. For example, if you are eligible to retire (see Retirement Eligibility), complete the application process for retirement, and terminate employment from the City of Austin on June 15, your effective date of retirement will be June 30, and you will receive your first annuity payment on the last business day of July. If you have terminated City of Austin employment, have kept your funds in COA ERS, and have five or more years of Creditable Service (see Creditable Service/Membership), you are considered a vested Member and are entitled to receive retirement benefits upon reaching retirement eligibility and making a written application for retirement.
Creditable Service/Membership | Contributions | Proportionate Service | Service Purchases
Retirement | Lump-Sum Payments | Retirees Working for the City of Austin | Retiree Health Insurance
Leaving City Employment | Other Information
The Frequently Asked Questions document is intended to provide general information to Members. Member specific questions should be directed in writing to the COA ERS Staff. If there is any difference between the information provided in this document and the law or policies that govern COA ERS, the law and policies will govern.
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