Age 65 with five or more years of service credit, or; Any combination of age and service totaling 80 with at least five years of service credit. If you are age 65 or older, or if you are turning 65 soon, contact the Social Security Administration at least 90 days before you retire.When a member terminates employment with the City and it not eligible to retire, they have three options regarding their pension. Veterans Benefits Administration provides financial and other forms of assistance to veterans and their dependents. ERF defined benefit plan for City of Dallas permanent, civilian employees. Learn about our healthcare, retirement, wellness, and additional benefits. Learn about our benefits. Creative Planning is a wealth management firm that offers comprehensive and personalized financial planning, investment management, and retirement planning. From equity to retirement to college savings, our solutions help employees achieve their financial goals, so they can take your company to new heights. Read below for answers to basic questions regarding your pension benefits.