LECOS Retirement Eligibility - Group 3

LECOS hired September 1, 2013 to present

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.

  Type 1 Type 2 Type 3
Service Credit 10 years of LECOS service credit 10 years of any service credit 20 years of LECOS service credit
Age 55 or above 65 or above any age
Lifetime Payment Yes

Payment will be reduced 5% for each year you retire before age 62
Yes Yes

Payment will be reduced 5% for each year you retire before age 57. If you retire before age 50, an additional reduction will apply.
LECOS Supplement Benefit No No Yes

Payment will be reduced if you retire before age 50. Reduction is based on your age at retirement.
Health Insurance* Yes 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.