July 2, 2021
The collective bargaining agreements known as “SEBAC 2011” and “SEBAC 2017” made changes to the terms of retirement for all state employees, including members of the State Employees Retirement System (also known as “SERS”). These changes went into effect on July 1, 2022. For an overview of what these changes entail, see the 2022 Retirement Changes Memo.