I received .99 year of service credit in 1975. Can I purchase the difference to make 1 year?
Years ago, service credit was granted based on the number of days worked. If a teacher took even one unpaid day, the service credit was reduced. Now, service credit is based on 700 hours of employment during the fiscal year. Once a teacher is compensated for 700 hours, one year of service credit is earned. If compensated less than 700 hours, service credit is earned in proportion to 700 hours. The .01 year will have little or no effect on your retirement eligibility or benefits. However, if you are an active member and have at least 5 years of earned service credit, you may purchase up to 5 years of Additional Service Credit (Airtime). See the Purchase of Service Credit Brochure.
Related Questions
- I performed pro bono service during my first year and never submitted the proper documentation. Can I still get voluntary pro bono credit for that work?
- I received .99 year of service credit in 1975. Can I purchase the difference to make 1 year?
- If a member works 120 days do they automatically receive a full year of service credit?