Everett Retirement Board Supplemental Regulations

MAKE‑UP PAYMENTS

Make up payments consist of regular contributions plus interest received at the time of a refund plus interest the employees account would have earned had they not received a refund.

Purchases of prior creditable service may be made in a lump sum any time prior to retirement or in annual periodic payments. Annual periodic payments are subject to board approval and such requests shall be reviewed by the board on a case by case basis


MEMBERSHIP:

The Retirement Board will not require seasonal employees to join the retirement system.


CREDITABLE SERVICE:


REGULAR COMPENSATION:


MISCELLANEOUS: