The minimum years of service credit you must accrue with the Fund in order to be eligible to receive what is referred to as a “Formula Annuity” depends on your Tier.
- Tier 1 members: You must accrue at least 20 years of service credit.
- Tier 2 members: You must accrue at least 10 years of service credit.
However, the Fund advises you work at least one full pay period past your anniversary date to ensure you have accounted for any lost time.