LECOS Retirement Eligibility - Group 2


Group 2 LECOS (hired September 1, 2009 - August 31, 2013)

This retirement information is based on current laws and ERS rules. If you withdraw your ERS retirement account balance, you no longer have those years of service credit in your account.  They will not count toward your years of service credit at retirement.

If you do not retire with 20 year of LECOS service credit, your service multiplier will be 2.3%; otherwise, your service multiplier will be 2.8%.

  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 60 (25% cap) 
Yes  Yes

Payment will be reduced 5% for each year you retire before age 55 (25% cap).
LECOS Supplement Benefit No  No  Yes

Payment will be reduced 5% for each year you retire before age 55 (25% cap).
Health Insurance* Yes  Yes  Yes 

*Notice about Insurance

Depending on your insurance eligibility at retirement, your health insurance may not be effective right away. 

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.