The age requirement for an age and service annuity depends on your years of creditable railroad service. You must file an application to receive a railroad retirement annuity. When all eligibility requirements are met, your age and service annuity can begin as explained in Chart 1.
Chart 1 - Determining Your Age and Service Annuity Beginning Date
| If you have at least: |
You can retire: |
Your tier I will have an age reduction if: |
Your tier II will: |
| 360 months of railroad service, |
the first full month you are age 60. |
all of the following apply:
- you first met the age or service requirements in a month after June 1984 and before January 2002; and,
- you have an annuity beginning date before January 1, 2002; and,
- you retired before attaining age 62.
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not have an age reduction. |
| 120-359 months of railroad service, with service before 8/12/1983, |
the first full month you are age 62. |
you retire before attaining your Full Retirement Age.
|
have an age reduction if you retire before attaining age 65.
|
|
120-359 months of railroad service, without service before 8/12/1983,
|
the first full month you are age 62.
|
you retire before attaining your Full Retirement Age.
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have an age reduction if you retire before attaining your Full Retirement Age.
|
|
60-119 months of railroad service after 1995,
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the first full month you are age 62.
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you retire before attaining your Full Retirement Age.
Note: You must have an SSA insured status (40 quarters of coverage based on combined railroad and SSA earnings) to receive a tier I component.
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have an age reduction if you retire before attaining your Full Retirement Age.
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