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re: Can anybody explain the State's retirement...

Posted on 1/29/13 at 5:15 pm to
Posted by Lil Man
Baton Rouge
Member since Jan 2007
1488 posts
Posted on 1/29/13 at 5:15 pm to
quote:

I've been considering buying a few years of service credit. I think it would cost me around $12K right now and allow me to retire in my mid 50's.


How do you buy time? How much is it?
Posted by Ders
LA
Member since Jan 2013
242 posts
Posted on 1/29/13 at 7:45 pm to
You will need to fill out an application that can be found on lasers website. You can purchase up to 5 years of airtime. The cost is calculated by an actuary and varies depending on numerous factors. A $150 fee will have to be paid for the actuary to calculate the cost.
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