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SCRS - Active Members


Establishing Service Credit
Active members may establish service credit
for various types of previous employment and leaves of absence, and up to
five years of non-qualified time. A link to the descriptions of these
types of service credit is at the end of this page. Generally, a member on leave without pay
from a covered employer is not eligible to purchase service credit of any
type.
Purchasing Service Credit
Active members may establish credit for various types
of service including previous employment, leaves of absence, and up to
five years of non-qualified service. You may purchase service credit by a
lump-sum payment, an installment service purchase (pre-tax or after-tax,
plus interest), or a tax-deferred rollover from an Individual Retirement
Account (IRA), a 401(k) plan, a
401(a) eligible plan, a 403(b) plan, or a 457 plan.
You may purchase each type of service
credit once within a fiscal year. If you are purchasing service to meet
retirement eligibility, please
contact the Retirement Systems for more information. Payment for
service purchases required for eligibility must be remitted in full prior
to your retirement date or termination.
If you previously purchased periods of part
time credit or previously earned period of part time credit, you may be
eligible to purchase additional service credit at an additional cost.
Please
contact the Retirement Systems for more information.
Some types of purchased service may not be
used in determining insurance eligibility. If you experienced a leave of
absence from your employer, especially during your last five years of
employment, your insurance eligibility may be affected. Contact your
employer or health insurance provider for insurance coverage questions. If you are covered by state
health insurance,
contact the Employee Insurance Program for eligibility information.
Types of Service
Installment
Service Purchase Program |