Below is a link to an informative memo from the Comptroller's Retirement Services Division explaining the changes that will become effective July 1, 2022 as a result of the 2017 & 2011 SEBAC Agreements previously ratified by the membership in those years. The Comptroller's memo discusses the changes in three broad categories: retirement age, retiree cost-of-living adjustments (COLA), and retiree healthcare rules changes. As most members are already aware, these changes are somewhat complex. Intended to provide instruction to Human Resource and Payroll Officers, the memo is a good source for all state employees in the SERS (State Employees Retirement System).
