Title 03 Administration and Personne l
Chapter 03.05 Spokane Employees' Retirement System
Section 03.05.130 Service Retirement
Retirement of members for service is made by the board as follows:
Any member in the City service may voluntarily retire by filing with the retirement system a written application, stating a desire to be retired and the effective date of retirement, which date shall not be earlier than the date on which such application is filed with the retirement system and the member’s Normal Retirement Date as described in the following:.
Normal Retirement Date, for members retiring under Tier 1 or Tier 2:
A member’s normal retirement date is the first day of the calendar month coincident with or ne xt following the latest of the day on which the member has:
attaine d the age of sixty-two (62), or
completed five (5) years of City service.
Normal Retirement Date, for members retiring under Tier 3 or Tier 4:
A member’s normal retirement date is the first day of the calendar month coincident with or ne xt following the latest of the day on which the member has:
attaine d the age of sixty-five (65), or
completed seven (7) years of City service.
A member is fully vested upon attaining the member’s normal retirement date, provided the member remains actively employed with the City through such normal retirement date.
Date Passed: Monday, January 8, 2018
Effective Date: Wedne sday, February 21, 2018
ORD C35574 Section 9