ERS is in the process of updating retirement webpages with Group 4 details. In the meantime, find more information about the Group 4 cash balance retirement benefit for employees starting on or after Sept. 1, 2022.
State Employees Account for Active Employees
Regular State Employee hired before September 1, 2009
This retirement information is based on current ERS laws and rules. If you have taken a withdrawal of your retirement account balance, you no longer have those years of service credit in your account. They will not count towards your years of service credit at retirement.
Service Credit |
5 years |
Minimum 10 years |
Rule of 80 |
---|---|---|---|
Age |
60 or above |
60 or above |
Service Credit + Age = |
Lifetime Payment |
Yes |
Yes |
Yes |
Health Insurance* |
No |
Yes** |
Yes |
*Notice about Insurance
Health and other insurance benefits for employees and retirees are subject to change based on available State funding. The Texas Legislature determines the level of funding for such benefits and has no continuing obligation to provide those benefits beyond each fiscal year.
**Optional benefits available at retirement and health insurance available at age 65
Regular State Employee hired between September 1, 2009 - August 31, 2013
This retirement information is based on current ERS laws and rules. If you have taken a withdrawal of your retirement account balance, you no longer have those years of service credit in your account. They will not count towards your years of service credit at retirement.
Service Credit |
Minimum 10 years |
Rule of 80 |
---|---|---|
Age |
65 or above |
Service Credit + Age = 80 or above |
Lifetime Payment |
Yes |
Yes |
Health Insurance* |
Yes |
Yes |
*Notice about Insurance
Health and other insurance benefits for employees and retirees are subject to change based on available State funding. The Texas Legislature determines the level of funding for such benefits and has no continuing obligation to provide those benefits beyond each fiscal year.
Regular State Employee hired September 1, 2013 - August 31, 2022
This retirement information is based on current ERS laws and rules. If you have taken a withdrawal of your retirement account balance, you no longer have those years of service credit in your account. They will not count towards your years of service credit at retirement.
Service Credit |
Minimum 10 years |
Rule of 80 |
---|---|---|
Age |
65 or above |
Service Credit + Age = 80 or above |
Lifetime Payment |
Yes |
Yes |
Health Insurance* |
Yes |
Yes |
*Notice about Insurance
Health and other insurance benefits for employees and retirees are subject to change based on available State funding. The Texas Legislature determines the level of funding for such benefits and has no continuing obligation to provide those benefits beyond each fiscal year.
Resources
- ESO Retirement Booklet
- JRS Plan 2 Retirement Booklet
- Planning Your Retirement Booklet (Updated July 2018)
- Planning Your Retirement for CPOs/COs
- Ready, Set, Retire! for CPOs/COs (presentation)
- Ready, Set, Retire! for Higher Education Institutions (handout)
- Ready, Set, Retire! for Higher Education Institutions (presentation)
- Ready, Set, Retire! for State Agencies (presentation)