This document describes what retirement tier is used when an employee returns to Research Foundation (RF) employment after leaving the payroll.
Contributions are made upon re-employment either at the employee’s original retirement tier rate or at a new tier rate, depending on the break in employment, as described in the following tables:
Note: For purposes of this section, SUNY service will not count as a break in employment for reappointment dates on or after April 1, 2000.
If the employee returned... |
then... |
within 15 months |
contributions are made at the retirement tier rate in effect prior to the employee’s termination. |
after 15 months |
contributions are made at the retirement tier rate in effect on the date of re-employment. |
If the employee returned... |
then... |
within 15 months |
contributions are made at the retirement tier rate in effect prior to the employee’s termination. |
after 15 months, with no SUNY service |
contributions are made at the retirement tier rate in effect on the date of re-employment. |
after 15 months, but with SUNY service |
contributions are initially made at the retirement tier rate in effect on the date of re-employment. However, upon approval of the form Request for Retirement Credit Based on SUNY Service, contributions shall retroactively be made at the tier rate in effect prior to the employee's termination. |
Contributions resume immediately for vested employees.
Contributions resume immediately for nonvested employees provided they have
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