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Get Ahead by Purchasing Service |
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Purchasing additional service credit could help you vest your benefit faster, get more at retirement and possibly retire sooner. You can purchase service for past public employment or service credit for your "year of service." Tier 1 Members Can Purchase "Year of Service" You can also buy other kinds of service, including forfeited service, military service, out-of-state teaching and others. Purchase costs are based on your age, salary and Tier designation. Service credit can be purchased by payroll deduction, personal check, Discover Card, or a rollover or trustee-to-trustee transfer from another retirement plan, including the Kansas Public Employees Deferred Compensation Plan. For service purchase details, see the Service Purchase Fact Sheet. |
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