(a) Normal Retirement. The normal retirement date for a Member shall be the first day of the calendar month which next follows the Member’s 60th birthday. A Member shall be retired from the service of the Department of Water and Power on the person’s normal retirement date or on the first day of any calendar month thereafter, upon his or her written application filed with the Board not less than 30 days prior to the date of retirement.
(b) Early Retirement. Any Member may be retired from the service of the Department of Water and Power prior to his or her normal retirement date upon his or her written application if the retirement is recommended by the general manager of the department and approved by the Board of Water and Power Commissioners in accordance with rules and regulations set forth in the Plan.