As a participant in EORP, the benefits that are available to you vary depending on your Membership Tier:
- Early Retirement Benefit
- Normal Retirement Benefit
- Disability Pension
- Health Insurance Premium Benefit (Subsidy)
- Survivor Benefits
Newly appointed or elected officials on or after January 1, 2014, see EODCRS.
Early and Normal Retirement Benefit Calculations
For Tier 1 and 2 DB Members, your retirement benefit is payable to you for your lifetime and is calculated using a formula that takes into consideration factors such as:
- Which Membership Tier you belong to,
- Your total credited service,
- Your monthly average salary, and
- In some instances, your age
Membership Tier 1
Early Retirement
Age |
Credited Service |
Calculation (not to exceed 80% of the average yearly salary) |
None |
5 years |
• Average Monthly Salary x .04 (multiplier) x Credited Service = Gross Monthly Pension based on Normal Retirement • Gross Monthly Pension based on Normal Retirement x .0025 (reduction factor not to exceed 120 months or 30%) x months to normal retirement = Monthly Reduction • Gross Monthly Pension based on Normal Retirement – Monthly Reduction = Gross Monthly Pension Based on Early Retirement |
Normal Retirement
Age |
Credited Service |
Calculation (not to exceed 80% of the average yearly salary) |
62 |
10 years |
Average Monthly Salary x .04 (multiplier) x Credited Service = Gross Monthly Pension |
65 |
5 years |
Average Monthly Salary x .04 (multiplier) x Credited Service = Gross Monthly Pension |
Not required |
20 years |
Average Monthly Salary x .04 (multiplier) x Credited Service = Gross Monthly Pension |
Membership Tier 2
Normal Retirement
Age |
Credited Service |
Calculation (not to exceed 75% of the average yearly salary) |
62 |
10 years |
Average Monthly Salary x .03 (multiplier) x Credited Service = Gross Monthly Pension |
65 |
5 years |
Average Monthly Salary x .03 (multiplier) x Credited Service = Gross Monthly Pension |
Membership Tier 3
If you are a newly appointed or elected official who does not have an active, inactive, or retired account with the EORP or ASRS, you are required to pay into the Elected Officials’ Defined Contribution (DC) Retirement System (EODCRS) plan. Employee and employer contributions and earnings are immediately vested in this Plan. For an outline of this DC plan currently administered by Nationwide Retirement Solutions, see AZ PSPRS 401a Elected Officials Plan Overview. You will also need to contact your employer to begin making contributing to the plan and will also need to complete an EODCRS Nationwide Enrollment Form. For additional rate and Retirement Path information, see EODCRS
Making the Choice
As a Tier 1 Member, you may estimate your monthly retirement benefit payment by using our EORP Retirement Excel Spreadsheet Estimator located in the Resources section of our Forms & Resources webpage, or as a Tier 1 or 2 Member, you may Contact Us to provide you with an estimate, retirement packet, application for for disability, or survivor benefits. All Tier 3 Members participating the in the EODCRS will need to contact Nationwide Retirement Solutions for benefit inquiries.
Additional Resources
For additional resources, Plan summary, guide books and forms, you may access our Forms & Resources webpage and for the latest news and information, we encourage you to Sign Up for News and Updates. To estimate future benefits, you may Contact Us, or visit our Applying for Benefits webpage for retirement information.