Discover the comprehensive retirement benefits designed to secure your future
Normal retirement is the standard age at which employees are expected to retire from service. Your benefits will be processed upon attaining this age.
Requires Sponsor's consent
To apply for early retirement, you must submit a formal request to your department head and receive approval from the sponsor. The Letter from the Sponsor approving early retirement will be required for purposes of processing your benefits.
Visit MURBS office to understand the financial implications and benefits of early retirement.
Plan your retirement with confidence knowing exactly when you'll be eligible for full benefits.
Receive the full retirement package with no reductions for early withdrawal.
Experience a streamlined application process with minimal paperwork requirements.
One-third of the Total Accumulated Benefits is available as an optional cash lump sum, providing immediate financial flexibility upon retirement.
Two-thirds of the Total Accumulated Benefits is commuted towards purchasing an annuity, ensuring a steady income stream in your retirement.
If monthly annuities constitute a trivial amount, members may elect to receive the whole amount as a lump sum, simplifying your retirement finances.
Option to apply Two-thirds of the Total Accumulated Benefits towards Income draw down with a minimum period of 10 years, giving you greater control over your retirement funds.
Our retirement specialists are available to answer your questions and provide personalized guidance.
