Eligibility
As long as you are an active member and have at least 2 years of earned
service with the Michigan Public School Employees Retirement System, you may
purchase up to 5 years of service credit for parental leave.
Parental leave is (1) the active participation or supervision in the
day-to-day, ongoing care of your child by birth or adoption; or (2) a pregnancy,
whether brought to full term or not, childbirth, and recuperation.
If you are applying for time you separated from an out-of system public
educational agency, you must also submit a completed
Out-of-System Public Education Service Credit Application (R0149C).
Note: Buying service can help you qualify for your pension
earlier, but it won't necessarily help you qualify for the plan's health
insurance premium subsidy earlier.
Read more information here.
Conditions
- You must have either separated or reduced your hours from a Michigan public
school or an out-of-system public educational agency.
- If you separated from state of Michigan service performed under the Defined
Benefit plan for parental leave purposes and later become employed with a
participating Michigan public school, you may purchase this service. If your
state of Michigan service was performed under the Defined Contribution plan, you
are not eligible for this service.
- Your employer(s) must certify the date you separated or reduced hours from a
participating Michigan public school.
- This service cannot be used to satisfy vesting requirements.
- You may purchase this service before you are vested, but it will not be
credited to you until you reach vested status.
Cost
You may purchase any fraction of a year increment. The cost to purchase
parental leave rearing time is based on an actuarial formula.
Learn how to calculate actuarial cost.
Application
Submit a
Parental Leave
Service Credit Application (R0008C) with a copy of your child's birth certificate or final adoption papers. If you are also applying for time you separated from an out-of-system public educational agency, you must also submit an Out-of-System Public Educational Service Credit (R0149C) application.
Follow the directions provided on the form. For more information on purchasing service credit, see How to Purchase Service Credit.