FAQs : Optional service credit is any service credit you have the option to claim or purchase.
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FAQs: In general, your Total Service Credit consists of the following:
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FAQs: One of the benefits of purchasing service credit is the potential increase to your prospective service retirement allowance.
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FAQs: If you are a Tier II, III, IV, or VI member, there is no limit on the number of years of eligible prior service credit that you may claim or purchase.
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FAQs: In general, service with a public employer in New York State or New York City may be eligible for prior service credit in TRS.
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FAQs: In general, once your former employer has verified your prior service, and you have made any required payment, TRS will grant credit for prior service.
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FAQs: The cost varies depending on your tier and the type of service credit you are purchasing. In certain cases, service credit may not require purchase.
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FAQs: Generally, service credit purchase deductions will stop automatically once your payment plan is completed.
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FAQs: If you were employed by the City of New York before you became a member of TRS, you may be eligible to receive credit for that prior service.
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FAQs: If you were employed by a public employer within New York State before you became a member of TRS, you may be eligible to receive credit for that prior service.
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