Option to Retain Grandfathered Normal Retirement Date Sample Contracts

Option to Retain Grandfathered Normal Retirement Date for the State Employees Retirement System
Option to Retain Grandfathered Normal Retirement Date • January 28th, 2022

The 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.

Sample 1
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