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If I have served 18 years at age 38 but continue serving until age 40 will I be credited with 2 years of 1.67% added to the 50% value of the EDP income stream?

April 26, 2017age Continue credited served

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If I have served 18 years at age 38 but continue serving until age 40 will I be credited with 2 years of 1.67% added to the 50% value of the EDP income stream?

1 Answer

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10 Posted

No. The EDP point has two criteria to meet 18 years service and be at least age 40. If, however, you continue to serve further years beyond age 40 you will receive an extra 1.67% per year of service after the EDP point.