Section 5-10-5.5-11 - Early retirement(a) Any participant who has attained the age of forty-five (45) years and has accrued at least fifteen (15) years of creditable service may retire and become eligible for benefits as provided in section 12(a) of this chapter.(b) If:(1) a participant is at least fifty-five (55) years of age; and(2) the sum of the participant's years of creditable service and age in years equals at least eighty-five (85); the participant may retire and become eligible for benefits as provided in section 12(b) of this chapter.
(c) A participant who: (1) is at least fifty (50) years of age; and(2) has accrued at least twenty-five (25) years of creditable service; may retire and become eligible for benefits under section 12(b) of this chapter.
(Formerly: Acts1972 , P.L. 1, SEC.1.) As amended by P.L. 10-1995, SEC.2; P.L. 180-2007, SEC.5.