Tag Archives: full-time

Earning NYSLRS Service Credit as a School Employee

There are non-teachers earning NYSLRS service credit. In an earlier post, we talked about how full-time and part-time service credit works for NYSLRS members. We mentioned how earning NYSLRS service credit for workers in an educational setting can be a little different, so we want to take this time to elaborate on that.

While most New York teachers are in a separate retirement system from NYSLRS, there are NYSLRS members working in New York schools in other roles. They work according to the school year, which could be only 10 or 11 months long. So how do we determine service credit for them?

Earning NYSLRS Service Credit When You Work Full-Time

If you’re a school employee who works full-time, you receive one year of service per school year. Generally, a full-time 10-month school year requires at least 180 days worked in any school year. Depending on your employer, your full-time academic schedule could require a minimum of 200 or 170 days.

Earning NYSLRS Service Credit When You Work Part-Time

Part-time school employees earn service credit based on the number of days they worked. Depending on the length of your school year, you’d earn service credit the following ways:

For institutional teachers

Number of days worked ÷ 200 days

For all BOCES and school district employees, as well as teachers working at New York State schools for the deaf and blind

Number of days works ÷ 180 days

For college employees

Number of days worked ÷ 170 days

Check Your Member Annual Statement

From May to July, we’ll send out this year’s Member Annual Statements. (Members who work an academic schedule usually receive statements first.) For most members, your statement will show how much service credit you’ve earned for the past fiscal year (April 1, 2015 – March 31, 2016). It will also show your total service credit as of March 31, 2016. Make sure to look it over to see how much service credit you’ve earned over your career.

For more information on service credit, read our booklet, Service Credit for Tiers 2 through 6 (VO1854), or your own retirement plan publication.

How Full-Time and Part-Time Service Credit Works

Service credit plays a vital part in your pension calculation and your eligibility for other NYSLRS benefits. As a NYSLRS member, you earn service credit by working for an employer who participates with the Retirement System. All your paid public employment is creditable. If you work full-time or part-time, you’re earning service credit, just at different rates.

Earning Service Credit When You Work Full-Time

Earning Service CreditWhen you work on a full-time, continuous basis, we’ll calculate your service credit from your date of employment up until the date you leave paid employment. For most full-time workers, you’d earn a year of service credit for working a total of 260 work days in a year. For a full-time 12-month employee, a total of 260 work days constitutes a full year. For our members who work for school districts, a full time 10-month academic year can be 180 work days. (If you work in an educational setting, we’ll cover more about that in a future blog post.) Also, you wouldn’t earn service credit during leaves of absence without pay or for any period of time you’re not receiving salary.

Earning Service Credit When You Work Part-Time

Your service credit is prorated if you work part-time. Part-time employment is credited as the lesser of:

the number of days worked ÷ 260 days

or

your reported annual salary ÷ (the State’s hourly minimum wage × 2,000)

Or you can think of it like this: let’s say you only worked 130 days in a year. If a year’s worth of service credit is earned for working 260 days full-time, you’d earn half a year (0.5) of service credit for your part-time work.

Check Your Member Annual Statement

From May to July, we’ll send out this year’s Member Annual Statements. For most members, your statement will show how much service credit you’ve earned over the past fiscal year (April 1, 2015 – March 31, 2016). It will also show your total service credit as of March 31, 2016. Make sure to look it over to see how much service credit you’ve earned over your career.

For more detailed information about service credit, please refer to your specific retirement plan publication.