Common Contracts
1 similar Sebac 2011 Option to Retain Grandfathered Normal Retirement Date contracts
SEBAC 2011 Option to Retain Grandfathered Normal Retirement DateSebac 2011 Option to Retain Grandfathered Normal Retirement Date • December 26th, 2022
The 2011 SEBAC Agreement (Agreement) provided current Tier II or Tier IIA members of the State Employees Retirement System (SERS) the opportunity for a one-time irrevocable election to retain that normal retirement age. Rehired Tier II or Tier IIA members, members transferring to the Hybrid plan, and members transferring from hazardous duty employment to non-hazardous duty employment have thirty days from the eligible event on payroll to choose whether or not to retain the current normal retirement age.
