If you attain 30 service credit years, you can make a one-time, irrevocable election to participate in a program in which post 30-year contributions are refunded at retirement. Program participants earn 7.5 percent interest on their post 30-year contributions. If you participate in the program, your monthly retirement benefits will be based on earnings prior to your election date. Your election date is the first of the month following the date DRS receives your election form. Election to participate is irrevocable and must be made within six months after earning 30 service credit years.
In the months prior to your 30th service credit year, DRS will contact you with information to help you make an informed decision. To learn more about the Post 30-Year Program, obtain a copy of the DRS brochure Does Working Beyond 30 Years Affect My Benefit?