Employers' Pensions and Benefits Administration Manual (EPBAM)
   

 

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Judicial Retirement System (JRS)
Retirements


  Service Retirement
  Early Retirement
  Deferred Retirement
  Disability Retirement
  Death after Retirement
  Group Life Insurance Coverage
  Waivers of Retirement Allowance

 

There are many "types" of Service Retirements available to members of the JRS.  The following table lists the eligibility requirements and benefits of each type. 

Members are required to retire no later than age 70.

Service Retirements
 
Eligibility
Benefit Calculation
  Age 65  with 15 years of judicial service 75% of member's final salary
  Age 60 with 20 years of judicial service 75% of member's final salary
  Age 70 with 10 years of judicial service 75% of member's final salary
  Age 65 with 5 or more years JRS service with aggregate of 15 years or more public service 50% of member's final salary
  Age 60 with 5 or more years JRS service with aggregate of 20 years public service 50% of member's final salary
  Age 60 with 5 or more years JRS service with aggregate of 15 years public service 2% of final salary per year of JRS service up to 25 years, plus 1% of final salary for each year of creditable service over 25 years.
  Age 60 2% of final salary per year of JRS service up to 25 years, plus
1% per year for each year over 25 years.
 
  Member Responsibility Complete Application for Retirement Allowance



Early Retirement
 
Eligibility
Benefit Calculation
  Under age 60 with 5 or more years as JRS member, with aggregate of 25 or more years public service. 2% final salary per year of service up to 25 years, plus 1% per year of service over 25, with actuarial reduction according to age. Member should write to Division of Pensions and Benefits for retirement estimate to determine reduction.
 
  Member Responsibility Complete "Application for Retirement Allowance"



Deferred Retirement
  Eligibility Benefit Calculation
  Under age 60, with 5 or more years of JRS service, with aggregate service credit of 10 years.
  • 2% of final salary per year of service up to 25 years, plus 1% per year over 25 years.
  • Payable at age 60
  • May be actuarially reduced depending on age. Request an estimate from the Division of Pensions and Benefits
  • If member dies prior to age 60, beneficiary only entitled to return of member's contributions plus interest.
 
  Member Responsibility Complete Application for Retirement Allowance



Disability Retirement

  Eligibility Benefit Calculation
  Physical or other incapacity to serve as judge; certified by Supreme Court to the Governor. Requires Application for Retirement Allowance submitted to the Division of Pensions and Benefits, plus a letter addressed to the Chief Justice of the Supreme Court describing disability.Three physicians appointed by the Governor assigned to prove disability.Governor will approve or disapprove the findings of the physicians' report. 75% of final salary; earliest retirement date is one full month after application is submitted to the Division of Pensions and Benefits. Once approval of the disability retirement has been granted, the member can only cancel the disability retirement by submitting a letter to the State House Commission, with a statement from his/her physician stating that the member can return to work. The member will then be sent for an IME, and all medical information will be again submitted to the Medical Review Board. At that time, a determination will be made regarding whether or not the member is able to return to work.



Death After Retirement
  When JRS member dies: Named beneficiary will receive death benefit of 25% of final salary. Eligible surviving spouse will receive 25% of current salary of judicial position member held at retirement.
Eligible dependent children may also receive a survivor benefit.



Group Life Insurance Coverage
  Noncontributory Group Life Insurance
  Since June 1, 1973, all judges enrolled have Noncontributory Group Life Insurance coverage effective the date of their enrollment.The benefit amount equals 1.5 times final salary.No medical examination is required to establish Noncontributory Group Life Insurance coverage. Members must cancel their private contract upon reenrollment or prove insurability upon their return.
  Contributory Group Life Insurance
  Effective May 1, 2001, all new members of the JRS must be covered by Contributory Group Life insurance for the first 12 months of membership. After the 12 months have elapsed, you may cancel this coverage if you wish by filing the proper form available through your employer. Coverage for existing members is optional. This coverage is separate and distinct from the Noncontributory Group Life Insurance provided through JRS membership. Find information about Optional Contributory Group Life Insurance for JRS members.

 

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Last Updated: March 14, 2005