Age Of MemberOn HisRetirement Date | YearsOf StateService** | PercentageOf Social SecurityEarnings | ExcessEarnings |
65 and over | 5 and over* | 1.25% | 2.50% |
60 to 65 | 10 | 1.00 | 2.00 |
59 | 10 | .94 | 1.88 |
58 | 10 | .88 | 1.76 |
57 | 10 | .82 | 1.64 |
56 | 10 | .76 | 1.52 |
55 | 10 | .70 | 1.40 |
54 | 10 | .65 | 1.30 |
53 | 10 | .60 | 1.20 |
52 | 10 | .56 | 1.12 |
51 | 10 | .53 | 1.06 |
50 | 10 | .50 | 1.00 |
*Not more than 20 years may be counted for this age and percentage group.
**Between the ages of fifty and fifty-five, the minimum service requirement is ten years of actual state service.
For each full year of service beyond ten, the percentage of Social Security earnings shall be increased by one-fifteenth of the difference between one and the percentage shown in the above table opposite the age of the retiring employee, and the percentage of excess earnings shall be increased by one-fifteenth of the difference between two and the percentage shown in the above table opposite the age of the retiring employee.
Conn. Gen. Stat. § 5-163a
(P.A. 75-531, S. 5, 6; P.A. 77-390, S. 6, 8; P.A. 80-294, S. 2, 7.)
Cited. 195 Conn. 405. Cited. 34 Conn.App. 510; judgment reversed, see 234 Conn. 424.
See Sec. 5-162g re eligibility of part-time employees and computation of benefits.