Monday, February 26, 2007

LASERS-Did you know?

For purposes of computing your retirement benefit, creditable service includes years of eligible service credit, credit for unused sick and annual leave, and any eligible service credit you purchased.

In computing your retirement benefit, LASERS takes into account any fractional period of service and calculates a proportionate benefit amount. Please be reminded that credit for unused leave cannot be used to reach eligibility for retirement.