It will depend on whether you are working again for a PERS-participating employer.
If you are currently working in a qualifying position and have an active membership,
yes, your LOM account will be credited with earnings or losses based on Tier Two earnings crediting rates.
If you worked in a qualifying position in the past calendar year but ended that employment, your LOM account will be credited with earnings or losses applicable to the year in which you worked, as part of PERS’ regular
annual earnings crediting cycle. However, if you worked only part of the past year, your investment returns will be prorated and calculated based on the monthly investment returns at that time.