Retirement Rules For State Government Employees In Orange

State:
Multi-State
County:
Orange
Control #:
US-001HB
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PDF; 
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Description

This Handbook provides an overview of federal laws affecting the elderly and retirement issues. Information discussed includes age discrimination in employment, elder abuse & exploitation, power of attorney & guardianship, Social Security and other retirement and pension plans, Medicare, and much more in 22 pages of materials.

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FAQ

Any general member age 52 or over with 5 or more years of service. Any safety member age 50 or over with 5 or more years of service. Age 70 or over, regardless of your years of service.

The current full retirement age is 67 years old for people attaining age 62 in 2025. (The age for Medicare eligibility remains at 65.)

Federal career employees receive retirement benefits through either the Federal Employees Retirement System (FERS) or the Civil Service Retirement System (CSRS). Both are defined benefit, contributory retirement systems.

FERS Retirement Eligibility Types of RetirementAgeYears of Service Optional (Voluntary) MRA 60 62 30 20 5 Early Out (Voluntary) 50 Any 20 25 Discontinued Service (Involuntary) 50 Any 20 25 Disability Any 18 months

While many Americans choose to retire around the age of 65 when they become eligible for Social Security benefits, there is no age limit requirement in the the California Labor Code or other similar federal laws.

You can start receiving your Social Security retirement benefits as early as age 62. However, you are entitled to full benefits only when you reach your full retirement age. If you delay taking your benefits from your full retirement age up to age 70, your benefit amount will increase.

Ing to Forbes, when it comes to average retirement ages, “In general, southern states like Alabama, Georgia and South Carolina have a lower average retirement age than the national average.” However, the average retirement age for California is 64, the same as Florida.

CalSavers is the name of California's state-mandated retirement program. Through CalSavers, employees can contribute to a Roth Individual Retirement Account (IRA).

More info

The Orange County Employees Retirement System is considered a "qualified" plan under federal tax laws. An Application for Service Retirement can be submitted up to 60 days before your retirement date.Contact your Employee Benefits department. For the full retirement benefit, you must be 62 years old at retirement or, if you have 30 years of credited service, you may retire as early as age 55. If you are a member of another California public retirement system, we will use the highest average annual compensation during any 12-month or. State and federal laws provide specific employment restrictions for retirees who return to work with an employer in the same public retirement system from. See if you're eligible. Eligibility is always based on work. Provided in the Civil Service Law of the State of New York. The 2025 Retirement Ceremony will take place on Friday, October 3, 2025, for those who retired between October 1, 2024, and September 30, 2025.

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Retirement Rules For State Government Employees In Orange