16 through 20 yrs. After 20 years 16 hrs. Eight hours of sick leave per month. Holidays New Year's Day, Martin Luther King Jr. Day, Presidents' Day, Memorial Day, Fourth of July, Labor Day, Veterans' Day, Thanksgiving, and Christmas. Employees normally become eligible for membership the first of the month following completion of six full calendar months of service.
PERS includes pension, disability, and death benefits.
Employees' share of retirement is 6 percent of salary, but Revenue currently pays that on behalf of employees. Should employees leave the PERS system prior to retirement, they can normally withdraw that employee portion, but it may be subject to income tax and a 10 percent penalty. This is a 457 deferred compensation plan that allows employees to save toward retirement by contributing a portion of their salary to the plan on a pretax basis. Contributions plus earnings grow on a tax-deferred basis until distributed. Employees choose from a number of investment options.