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5. RLTIRLIVILNT ELIGIBILITY <br />~'l~e table below s~unmarizes eligibility requirements, Please refer to the North Carolina Retirement <br />System at www.n~ ncretirenlent.com or 99~$a7-3o5o for more detailed information. <br />Unreduced Benefit keduced Benefit <br />~'rnployees, Lcrtiv L"rrxp~oyees, Lcr~~ <br />exclrcdirrg L~cw E'rrfo~cerrrerrt exc~trc~~rxg Lcrw ~'rxfo~cerrxertt <br />.Errforcerrterr~ Of~ceNS (L.FO} L~rzfoNCerrrerrt nf~ceNs <br />Df~cers Df~cers (L~"~) <br />. <br />Thirty t3o~ or Thirty ~~ o} or <br />At least age 50 At least age <br />, <br /> <br />more years of more years of <br />wrth at least 20 54 wt1a 15 <br /> <br />creditable creditable ser~ <br />years of years of <br />ervice <br />s v~Ge' credi a le <br />tb <br />regardless of creditable <br /> <br />service as an <br />regardless of age service <br />a e <br />officer <br />At least age 6o At least age 55 At least age ~o <br />with at least 25 with 5 years of with at least 5 <br />years of creditable creditable years of <br />se~•vice service as an creditable <br /> officer service <br />At least age ~5 <br />with at least 5 <br />years of creditable <br />se~•vice <br />Sicl~ leave ~~ay be applied to creditable service in acco~•dance with the <br />provisions of the North Carolina Local Governmental ~nployees" <br />Retirement System. <br />G. RETIR~NILNT APPLICATI[lN PI~4CLSS <br />Tlae North Carolina Local Gove:~unental employees" Retirement System recox~nn~ends that employees <br />submit applications for retirement at least 90 to ~ 20 days before the retirement effective date in order to <br />timely receive initial retirement benefits to ensure timely payment of the first monthly benefit. <br />Applications cazuaot be submitted more than 12o days prior to tlae ~•etirement effective date. <br />Employees wlao elect to participate in the Retirement incentive Prog~•am and. meet all program <br />requirements are required to submit an application far retirement to the NCLGERS no later than one <br />day prior to tl~e chosen effective date. Eligible employees are encouraged to visit tl~e Retirement <br />System website prior to contacting the ~u~nan Resources Department for additional information, <br />7. REENIPLt]YNIENT <br />An employee electing to participate in the Program shall not be eligible for ree~a~ployment with tl~e <br />County as a pen~~.anent or provisional employee. <br />3 <br />