Option to Retain Grandfathered Normal Retirement Date for the State Employees Retirement SystemOption to Retain Grandfathered Normal Retirement Date • January 28th, 2022
Contract Type FiledJanuary 28th, 2022The 2011 SEBAC Agreement (Agreement) provided current Tier II and Tier IIA non-hazardous duty and Hybrid State Employees Retirement System (SERS) members who will be employed on or after 7/1/2022 the opportunity for a one-time irrevocable election to retain that normal retirement age for the full actuarially valued cost.