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.
While most New York teachers and administrators are in the New York State Teacher’s retirement system, other school employees are members of the New York State and Local Retirement System (NYSLRS). In fact, 1 out of 5 NYSLRS members works for a school district. Most 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, a full academic year can range from 170 to 200 days.
Earning NYSLRS Service Credit When You Work Part-Time
Part-time school employees earn service credit based on the number of days they work. The number of hours in a full-time day is set by your employer (it’s between six and eight hours). If you don’t work full-time, your employer converts the number of hours you worked into the equivalent number of full-time days. Your employer reports that number to us, and your days worked are plugged into the formulas below.
Regardless of whether you work full- or part-time, depending on the length of your school year, your service is credited in the following ways:
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
For institutional teachers
Number of days worked ÷ 200 days
Check Your Member Annual Statement
Your Member Annual Statement is provided to you every summer. For most members, your statement will show how much service credit you’ve earned for the past fiscal year (April 1, 2017 – March 31, 2018). It will also show your total service credit as of March 31, 2018. Make sure to look it over to see how much service credit you’ve earned over your career. You can also check your Retirement Online account to find your service credit totals.