IMPORTANT NOTICE:

LAPP vesting rules are changing. Effective January 1, 2022, active members who have less than two years of membership or pensionable service will become immediately vested in LAPP. Anyone who joins the plan on or after January 1, 2022, will be immediately vested. Immediate vesting means that you qualify for a secure, reliable monthly pension at retirement as soon as you join LAPP. Read more about immediate vesting.

On or After Your 65th Birthday

If you stop contributing to the Plan on or after your 65th birthday, you are automatically vested, which means you are entitled to a LAPP pension, no matter how many years of LAPP membership or service you have.

If you take another job with a LAPP employer, by leaving your money in the Plan you will add new pensionable service to what you have earned and increase the lifetime pension you will receive. When you leave your money in LAPP until retirement, you become what is called a deferred member.

Just remember: you must start your pension by the end of the year in which you turn 71 years old.