In most cases, 73 is required to pay benefits to non-retired members with open LGERS accounts by April 1 of the year following the year in which the member reaches age 73 or ceases to be an employee, whichever is later.

Members who are vested (five or more years of creditable service) who fail to complete the retirement process will receive a monthly retirement benefit based on the maximum allowance.

Non-vested members who fail to complete a refund application will receive a refund of their contributions and interest by April 1 of the year following the year in which the member reaches age 73.

 

This page was last modified on 09/10/2024