Disability Retirement Benefits
Article 15 Disability Benefit
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If approved, this is a benefit equal to the greater of:
- 1/60th (1.66 percent) of your FAS for each year of credited service or
- 1/60th (1.66 percent) of your FAS for each year of credited service, plus 1/60th of your FAS for each year of service you might have earned before age 60, but not more than 1/3 of your FAS.
Example:
Member is age 57 with 19 years of service
Three possible years of additional service to age 60
FAS = $30,000
| 19 years × $30,000 ÷ 60 = | $9,500 |
| or | |
| 22 years (19 years + 3 additional) × $30,000 ÷ 60 = | $11,000 |
| Maximum benefit = 1/3 of FAS: 1/3 × $30,000 = | $10,000 |
| Benefit payable is $10,000 | |
Example:
Member is age 57 with 12 years of service
Three possible years of additional service to age 60
FAS = $30,000
| 15 years (12 years + 3 additional) × $30,000 ÷ 60 = | $7,500 |
| Maximum benefit = 1/3 of FAS: 1/3 × $30,000 = | $10,000 |
| Benefit payable is $7,500 | |
If your disability is a result of an on-the-job accident, the benefit payable is at least 1/3 of your FAS.
If you are 60 or older at the effective date of your disability retirement and you have less than 20 years of credited service, your disability benefit would be equal to the benefit payable to you at the normal retirement age of 62, not to exceed 1/3 of your FAS.
If you are 60 or older at the effective date of your disability retirement and you have 20 or more years of credited service, your disability benefit would be equal to 1/60th (1.66 percent) of your FAS for each year of credited service.
