Legislation (House 2932) has been filed with the Legislature that would allow qualified school teachers, Higher Ed faculty and certain professional employees who rendered service in non-public schools after January 1, 1973, to up to four years of creditable service towards retirement. Eligible members would be required to pay an amount equal to 10 percent of regular annual compensation as of their most recent date of entry into membership in the system plus buyback interest on that amount.
This survey is being conducted so that MTA leaders can better assess the number of teachers interested in purchasing this service. This data is needed to lobby effectively for the passage of this bill. This survey should take less than five minutes to complete and will support current lobbying efforts.
If House 2932 were to be enacted, would you be eligible to purchase creditable service years?