Title 03 Administration and Personnel
Chapter 03.05 Spokane Employees' Retirement System
Section 03.05.130 Serv ice Retirement
Retirement of members for serv ice is made by the board as follows:
Any member in the City serv ice 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 next following the latest of the day on which the member has:
attained the age of sixty-two (62), or
completed five (5) years of City serv ice.
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 next following the latest of the day on which the member has:
attained the age of sixty-five (65), or
completed seven (7) years of City serv ice.
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: Wednesday, February 21, 2018
ORD C35574 Section 9