Michigan Administrative Code
Department - Technology Management and Budget
Public School Employees' Retirement Board
General Rules
Part 1 - GENERAL PROVISIONS
Section R. 38.1120 - Out-of-system public education and other creditable service certification; payment procedure

Universal Citation: MI Admin Code R. 38.1120

Current through Vol. 24-16, September 15, 2024

Rule 120.

(1) An active member may, after satisfying the requirements of the act, purchase out-of-system public education and other creditable service. The board shall allow credit for out-of-system public education service if similar service performed in a reporting unit would be creditable. Such service shall not be creditable until the member makes payment in full. Partial payments for service performed before July 1, 1974, will be accepted up to the time of the final payment, which shall be not later than the effective date of the member's retirement allowance.The minimum partial payment shall be established by the board.

(2) The procedure for computing the compensation base for out-of-system public education and other creditable service which is performed after July 1, 1974, and payment procedure shall be the same as for the purchasing of nonintervening military service credit.

(3) It shall be the responsibility of the member to furnish, on forms provided by the retirement office, certification of creditable out-of-system public education and other creditable service. The certification shall be completed from official records in the possession of the educational agency, a public retirement system, or a governmental agency.

(4) It shall be the member's responsibility to obtain completed certification of service, on forms prescribed by the retirement board, of the member's creditable out-of-system public education and other creditable service.

(5) An original copy of the certification of service is required, which shall also include a list of the salaries received each school fiscal year of the member's service. It shall also contain a statement by the school officer completing the certification that his or her statements are based upon official school records on file.

(6) If the support documents do not establish valid service credit, evaluation shall be based on annual composite summary listings.

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