PERAC Memo #32 - 1997: Superannuation Retirement Calculations of Veterans

Superannuation Retirement Calculations of Veterans

Summary

This memo directs boards to include a copy of the member's DD 214 form (or other proof of veteran status) when submitting superannuation retirement calculations for veterans. This documentation is required to verify eligibility for the additional veteran's benefit ($15/year of service, up to $300) and to confirm eligibility to purchase military service credit under Chapter 71 of the Acts of 1996. Boards should submit this proof along with the standard calculation paperwork going forward.

Full Text

PERAC MEMO #32/1997 M E M O R A N D U M TO: All Retirement Boards FROM: Robert F. Stalnaker, Executive Director RE: Superannuation Retirement Calculations of Veterans DATE: September 24, 1997 When your Board submits a superannuation retirement calculation to PERAC for a member who is a veteran, please include a copy of the member?s federal DD 214 Form or other proof of veteran status. This information is needed both to determine eligibility for the additional $15 per year of service ($300 maximum) available to veterans and to verify members? eligibility to purchase military service under chapter 71 of the acts of 1996. Please include the DD 214 form along with all the other necessary paperwork, so that veteran status will be documented within PERAC?s calculation unit. Thank you for your continued cooperation. RFS/ ds