38-805

38-805. Normal retirement and early retirement pensions

A. A member who ceases to hold office is eligible for a normal retirement pension, if the member satisfies one of the following requirements:

1. Has attained age sixty-five with five or more years of credited service.

2. Has attained age sixty-two with ten or more years of credited service.

3. Has twenty or more years of credited service.

B. A member who has at least five years of credited service and ceases to hold office as an elected official may take early retirement.

C. On normal or early retirement a retired member shall receive a pension computed pursuant to section 38-808, subsection B until the member's death.