A separation benefit is a one-time lump-sum payment consisting only of employee contributions, additional contributions (if applicable) and accumulated interest.
Report
Active Employee /
Retiree /
Board Member /
State Employer
This report presents the results of the annual actuarial valuation of benefit liabilities and costs of the Accumulated Sick Leave Conversion Credit (ASLCC) Programs as of December 31, 2020.
Report
Active Employee /
Retiree /
Board Member /
State Employer
This report presents the results of the annual actuarial valuation of benefit liabilities and costs of the Accumulated Sick Leave Conversion Credit (ASLCC) Programs as of December 31, 2022.