Retirement Options
ASGERF offers several retirement options designed to meet the diverse needs of American Samoa Government employees and their families.
How Your Benefits Are Calculated
Benefit Formula
Your annual retirement benefit equals 2% of your highest average annual salary for three consecutive years, multiplied by your years of service (maximum 30 years).
Highest 3-year average salary: $50,000
Years of service: 25
Annual benefit: $50,000 × 2% × 25 = $25,000
Benefit Range
Benefits range from 10% to 60% of your salary based on years of service:
- • 10 years of service: 20% of salary
- • 20 years of service: 40% of salary
- • 30 years of service: 60% of salary (maximum)
Minimum annual benefit: $600
Choose Your Retirement Path
Normal Retirement
Eligibility Requirements:
- • Age 65 with 5 years of service, OR
- • Age 55 with 30 years of service
Receive full retirement benefits based on your years of service and highest average salary. This is the standard retirement option offering maximum benefits.
Learn More About Normal RetirementEarly Retirement
Eligibility Requirements:
- • Age 55 with 10 years of service
Start receiving retirement benefits before normal retirement age. Benefits are actuarially reduced to account for the longer payout period.
Note: Reduced benefits apply for early retirement.
Disability Retirement
Eligibility Requirements:
Available to members who become permanently disabled and unable to perform their duties.
Provides financial security for members who can no longer work due to disability. Medical documentation and board approval required.
Learn More About Disability RetirementSurvivor Benefits
Death Benefits:
- • $2,500 - $10,000 lump sum (based on service years)
- • $1,500 for retired members
- • Survivor annuity options available
Protects your family's financial security with death benefits and survivor annuities for eligible spouses and dependents.
Learn More About Survivor BenefitsPayment Options
Single Life Annuity
Receive the full retirement benefit amount monthly for your lifetime. Payments cease upon your death.
- • Highest monthly payment amount
- • Payments for your life only
- • No survivor benefits
Joint and Survivor Annuity
Receive a reduced monthly benefit that continues to your spouse after your death. Actuarially adjusted for longer payout period.
- • Lower monthly payment amount
- • Continued payments to spouse
- • Financial security for family
Ready to Plan Your Retirement?
Contact our retirement specialists to discuss your options and create a personalized retirement plan that meets your needs.