Excess Contributions

Contribution refunds may be payable to the terminating member in either of the following situations.

Post-1986 Excess Contributions (50% Rule)

A refund is payable to the terminated member if his or her pension contributions for service from January 1, 1987, plus interest, is greater than 50% of the commuted value of the deferred pension earned over the same period.

Pension contributions remitted to purchase credit for prior service with non-OPS employers, and for special/educational leaves of absence are excluded for the above calculation.