Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How do Years of Service affect my eligibility for post-employment benefits?

0
Posted

How do Years of Service affect my eligibility for post-employment benefits?

0

Employees who accumulate ten Years of Creditable Service are eligible for post-employment benefits as either a Deferred Retiree or a Retiree. ORP Participant Service: The service requirements for post-employment benefits under the ORP are met through a combination of: • Years of Participation in the ORP; and • any Years of Creditable Service on file with the SERS. SERS Participant Service: The service requirements for post-employment benefits under the SERS are met only through Years of Creditable Service under SERS. The State Board of Retirement allows SERS members to purchase (eligible) Years of Service that will count towards the requirements for post-employment benefits. The State Board of Retirement does not accept participation in the ORP to satisfy the service requirement for post-employment benefits.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123