Service Credit
Service credit is reported
as a percentage of 1.00 full year and is granted for service from July
1 through June 30 of each year in accordance with
State
Teachers Retirement Board Rule 3307:1-2-01.
The following service credit calculators have been created to assist
employers in determining service credit based on one of the following
calculation methods:
Full-time
— based on number of days worked.
Part-time
— based on number of days worked.
Part-time
— based on number of hours worked.
Percent
of full-time equivalent (FTE) by semester.
Percent
of full-time equivalent (FTE) by quarter.