You must file a return for 2016 if: You have to pay tax for 2016. We sent you a request to file a return. You and your spouse or common-law partner elected to split pension income for 2016. See lines 115, 116, 129, and 210. You received working income tax benefit advance payments in 2016.
The minimum number of points to be eligible for retirement at the age of 60 with 20 qualifying years of service is 1,000 (50 points per year) with a corresponding retirement pay equal to 6.94 percent (1,000/360 x 2.5=6.94%) of basic pay.
Regular retirement is available at age 60 with no minimum service requirement. Early retirement is available at age 55 with at least 10 years of service. When Eligible: Faculty and Professional Staff must participate in the mandatory retirement plan after one year of service in an eligible position.