Section 303-24-005 - Judges Retirement System005.01 Members of the Nebraska Judges Retirement System may elect to receive a retirement benefit under one of the following options:005.01(a) Modified Cash Refund Annuity;005.01(b) Life Only Annuity;005.01(c) Period Certain and Continuous Annuity (5, 10, and 15 years);005.01(d) Judges Joint and Survivor Annuity (50%, 66 2/3% and 100%); or005.01(e) Judges Joint and Last Survivor Annuity (50%, 66 2/3% and 100%).005.02 A member of the Judges Retirement System who terminates service as a judge prior to age sixty-five may elect to receive a lump sum refund. A refund cancels all service credit earned by the member and the member forfeits the right to receive a monthly retirement benefit. Termination of service at or subsequent to age sixty-five shall be considered normal retirement and an annuity option must be selected.303 Neb. Admin. Code, ch. 24, § 005