DC Pension Plan - hired before 9/1/05

DeKalb County Pension Plan -

Hired before 9/1/2005

 

Employees who were hired prior to September 1, 2005 receive a pension benefit as defined below.

 

Current employee contribution rate is 10.48%.

 

Benefits under this plan include:

  • 2.75% of FAE * years of service (max of 30 years – 82.5%)
  • Retire without penalty with 30 years of service regardless of age
  • Early retirement at age 50 with 10 years of service
    • Early retirement reduction 1.5% per year
  • Normal retirement at age 55 with 10 years of service.
  • Delayed retirement at age 65 with 3 years of service.

For more information, please see our SPD