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Retirement Incentive Payment I have 30 years of service but would like to teach one more year. What if I qualify this year but don choose to retire?

April 26, 2017payment qualify retirement service teach year

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Retirement Incentive Payment I have 30 years of service but would like to teach one more year. What if I qualify this year but don choose to retire?

1 Answer

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The incentive is structured as a one-time only option for individuals who have 30 or more years of STRS service credit as of July 1 or August 1, 2003 and for those who reach 30 years of credit as of July 1 or August 1, 2004. If you are eligible this year and choose not to retire, you will not be eligible for any incentive next year.