Retiring with VCERA
If you meet eligibility requirements, based on your age and years of retirement service credit, you are eligible to receive a retirement benefit for life. Your application for service retirement must be received by VCERA prior to your effective retirement date, but may not be submitted any earlier than 60 days prior to that date. You (and your spouse, if applicable) must sign and return your completed retirement application to VCERA in order to begin receiving a retirement benefit.
Unless specified to the contrary, all retirement and survivor retirement benefits are payable for life. There are no restrictions or conditions applied to retirement benefits, such as other income, Social Security benefits, place of residence, etc.
Retirement benefit payments are issued on the last business day of the month for that month. We strongly encourage you to use direct deposit for efficiency, convenience and security.