Reblogged from mea.org
The new law that changes the state’s retirement system for school employees (PA 92), passed in June and signed by Gov. Rick Snyder in July, will affect new hires for the most part. But provisions for buying service credit will change for everyone.
There’s still a little bit of time left to purchase service credit under the old rules. Learn more about the service credit changes in this MEA explainer.
In addition to adding service credit information to the MEA website, we’ve updated our overall analysis of the legislation and included a Frequently Asked Questions section at the end – answering key queries we’ve received since the bill’s passage.There’s still a little bit of time left to purchase service credit under the old rules. Learn more about the service credit changes in this MEA explainer.