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WHO ARE GROUP I EMPLOYEES?
Group I consists of all general City employees who work in a non-public safety position in addition to all Montgomery Airport Authority employees.

WHAT RETIREMENT BENEFIT DOES A GROUP I EMPLOYEE EARN?
All Group I employees hired on or after October 1, 2005 earn creditable service equal to 2% a year for each year worked not to exceed 100% at the time of retirement. Retirement benefits are then calculated on a salary equal to the highest consecutive 12 months of base income from the final 5 years of service immediately preceding retirement.

WHEN DOES A GROUP I EMPLOYEE BECOME ELIGIBLE FOR RETIREMENT?
Group I employees are eligible for a SERVICE RETIREMENT on the day following their accumulation of 25 years of creditable service or on the day immediately following their 62nd birthday.

Group I employees are eligible for a DEFERRED VESTING RETIREMENT upon completion of 10 years creditable service. Benefits earned will be deferred until their 62nd birthday.

Group I employees are eligible for a MEDICAL DISABILITY RETIREMENT upon the completion of 5 years creditable service NOTE: Medical disability retirements are approved at the discretion of the Board of Trustees of the Employees Retirement System and are based on an accumulation of sufficient information to prove permanent disability. For additional information on requirements and restrictions use the links to the left or contact the Retirement office.

HOW MUCH NOTICE SHOULD I GIVE?
The Retirement office must have a signed application on file 30 to 60 days PRIOR to the date of retirement. Call the Retirement office to make an appointment to sign your application and other necessary paperwork.
Last updated: 12/13/2013 10:56:17 AM