Most loan requests require processing through MBOS; however, employees shown in the loan processing system as inactive from payroll cannot access the MBOS Loan Application. 

This includes:

• Employees who apply for a loan within 6 months of returning from a leave of absence;
  
  
• Employees who apply for a loan within 6 months of transferring within the same retirement system to a new employer;
  
  
• State employees who are paid on a supplemental payroll schedule;
  
  
• Employees who receive an error that they must submit a paper application; and
  
  
• Employees whose employer was late in submitting the Report of Contributions for the quarterly posting.*
  
  *Employees from a late-reporting location, after certification, may only borrow amounts based on the previously posted quarter.

If you fall under one of these categories, print a copy of the error page and contact your human resources or personnel representative to complete a Certified Loan Request form.