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Calamity Days May Affect June Retirements

When calamity days cause the school year to be extended, members who were planning to retire June 1 can be affected. If teacher workdays have been extended in June, members who were planning to retire effective June 1 have several options. They can choose to:

1. Work in June and retire effective July 1; or

2. Not work in June, give up salary payments and contributions to STRS Ohio for the days not worked, and still retire effective June 1; or

3. Not work in June, give up salary payments for the days not worked, but complete contributions for these days by purchasing calamity days.

Options 1 and 2 are fairly straightforward. So let’s talk about Option 3 — purchasing calamity days.

According to State Teachers Retirement Board Rule 3307:1-3-06, members can purchase calamity days by remitting 10% contributions on the salary they would have earned had they worked the extra days. Choosing this option would allow teachers to complete contributions on their full contract and still retire effective June 1.

The process of purchasing calamity days is the same as purchasing a current-year unpaid leave of absence. There are two ways to report this to STRS Ohio:

• You can report and remit the 10% member contributions for the calamity days with any fiscal year payroll report submitted before the member’s effective retirement date; or

• The member can make a check payable to STRS Ohio for the 10% member contributions for the calamity days and give it to you to forward to STRS Ohio with a letter explaining the payment. Be sure to include the member’s name, Social Security number and a calculation of the 10% member contributions.

When members purchase calamity days, employers are responsible for remitting the corresponding 14% employer contributions pursuant to Section 3307.77 of the Ohio Revised Code. In addition, it’s important to include all contributions for the purchase of calamity days in Deposit and Service Reports and your Annual Report. If you have specific questions about calamity days, please contact your employer advisor by e-mail or phone toll-free at 1-888-535-4050.

 

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