Effect
of Purchasing Credit If you purchase non-Ohio-valued credit, waived Ohio public service or service
as an Ohio school board member, you pay the full premium for health care coverage
until you meet STRS Ohio retirement eligibility without the purchased service
(see retirement eligibility below). This premium could exceed $600 per month
for the STRS Ohio member and $1,100 per month for a member and spouse based
on 2003 rates.
STRS Ohio retirement eligibility:
|
Age |
Years of Service Credit |
|
Any age |
30 |
|
55 |
25* |
|
60 |
5* |