PERS
| Vesting Requirements | Retirement Eligibility |
|---|---|
| 4 years | Hired before 7/1/2007: 25 years of service at any age OR age 60 with at least 4 years of service |
| 8 years | Hired after 7/1/2007: 30 years of service at any age OR age 60 with at least 8 years of service |
ORP
| Vesting Requirements | Retirement Eligibility |
|---|---|
| Vested Immediately (may withdraw total funds at any time after separation of employment – even if not eligible for University Retirement) | Hired before 7/1/2007: 25 years of service at any age OR age 60 with at least 4 years of service |
| Hired after 7/1/2007: 30 years of service at any age OR age 60 with at least 8 years of service |