Overtime and Service Credit Policies

Article

The SCERS Board of Retirement adopted new policies in April 2019 that clarify how compensation and service credit will be incorporated into pension calculations.  SCERS will no longer include in Final Compensation any portion of allowances or pay incentives earned after April 27, 2019, as a result of overtime, expired compensatory time off (CTO), or CTO-over-max.  SCERS also will limit service credit to one (1) year in a 12-month period.   These policies provide for more consistency in pension calculations based on a better interpretation of law.

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