How does military leave effect my participation in the State Universities Retirement System (SURS)?
The current SURS Policy simply states: “If you take a leave of absence for active duty military service that interrupts your SURS-covered employment, you will receive up to 5 years of service credit if: You enter military service immediately following a period of employment with a SURS-covered employer and You return to work with a SURS-covered employer within one year of receiving an honorable discharge.” This means that you receive service credit without making any contributions to the Retirement System.
Related Questions
- If I am refunding from the Traditional Pension Plan and have funds in the School Employees Retirement System (SERS) and/or State Teachers Retirement System STRS), do I need to do anything?
- Can the 7 percent interest rate on New York State Teachers Retirement System loans ever change?
- Does Vermont Exempt Military Retirement Pay from State Income Tax?
