Annual Salary & Credited Service
Annual salary is the pay you receive for teaching, administrative, or supervisory services as outlined in your contract. Annual salary does NOT include pay you receive for extra duty assignments, athletic coaching, unused sick leave, terminal pay or any payment predicated on your retirement.
You earn one month of credited service for each school month worked from September to June. A full year of service is 10 months and you cannot receive more than 10 months of credit in any school year. In order to receive credit, you must be employed on the first working day of the month in a CTRS eligible position and have the mandatory contributions deducted from the salary that you were paid.
Content Last Modified on 6/3/2010 7:51:15 AM