Colleges & Universities
Service credit helps determine a member’s eligibility for retirement and the amount of the member’s monthly retirement benefit.
Members currently qualify for lifetime benefits after meeting one of the following eligibility requirements (assuming the STRS Ohio account is not withdrawn):
*If a member retires with less than 30.0 years of service credit and before age 65, there is an actuarial reduction in the benefit. Full benefits are paid when the member has 30.0 years of service credit or at age 65.
The eligibility guidelines for service retirement will change effective Aug. 1, 2015.
Service Credit Years
Note: Even if a member has multiple employers, a member cannot earn more than one year of service credit during a one-year period.
College & University Full-Time Service After
September 1, 1971
If a member is on a 12-month administrative contract for full-time regular service, 120 or more days of contributing service constitute one year of service credit as of September 1, 1971.
College & University Part-Time Service
Certain past employment may be purchased as Ohio-valued service credit and used to determine retirement eligibility.
For more information on calculating service credit, please see the Earned Service Credit for College and University Educators Fact Sheet.