Member’s Guide to Retirement

Member’s Guide to Retirement PDF

This may be your most important LASERS resource.

This guide contains detailed information about LASERS membership, the Initial Benefit Option (IBO) and Deferred Retirement Option Plan (DROP), service credit, transfers, unused leave, re-employed retirees, various retirement options, and much more.

Use the tabs below to view the full document or individual chapters.

Complete Handbook

Download complete handbook, full-color PDF (1 MB)

Individual Chapters

Welcome to LASERS
General Membership
LASERS Website
Service Credit
Refund of Contributions
Purchases of Service Credit
Transfers and Reciprocals From Other Retirement Systems
Retirement Eligibility and Final Average Compensation
Unused Annual and Sick Leave
Retirement Options and the Self-Funded COLA
Estimates
Regular Retirement
Initial Benefit Option (IBO)
Deferred Retirement Option Plan (DROP)
DROP/IBO Account Withdrawals and the Self-Directed Plan
Disability Retirement
Survivor Benefits for Regular Members Hired Prior to January 1, 2011
Survivor Benefits for Regular Members Hired on or After January 1, 2011
Re-employed Retirees
Community Property and Divorce
Cost-of-Living Increases
Medicare, Social Security, and Insurance
Hazardous Duty Services Plan (HAZ PLAN)
Transition to Hazardous Duty Services Plan (HAZ PLAN)
Bridge Police Hired Prior to January 1, 2011
Correctional Officers Hired Prior to January 1, 2011
Peace Officers Hired Prior to January 1, 2011
Alcohol and Tobacco Agents Hired Prior to January 1, 2011
Wildlife Agents Hired Prior to January 1, 2011
Legislative Plan Hired Prior to January 1, 2011
Judges and Court Officers Elected or Hired Prior to January 1, 2011
Judges Elected on or After January 1, 2011
Appellate Law Clerks Hired Prior to January 1, 2011
Your Rights and Duties as a LASERS Member

Member’s Guide to Retirement

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