The process of retiring begins when you confirm your eligibility and submit a Letter of Retirement stating your last day of employment. Faculty or academic staff who voluntarily retire from the University with at least 90 days prior written notice are eligible for early retirement benefits.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. Retire with reduced benefits before age 55 with at least 30 but less than 35 years of service. You must wait one year after retiring before returning to work in the same or similar position under a Section 211 waiver. When you leave state employment, whether to retire or work elsewhere, you have a number of decisions to make regarding your SERS retirement benefit. Social Security retirement as early as age 62 (the EEA under current law). Contribution employer contributions. Member means an individual entitled to membership in the Wayne County employees'.