I have a county government job in state that has mandatory retirement savings into the state retirement system. I've been employed there for about 5 years, but during that time I've spent a couple years on military leave. The time I was on ML I wasn't getting paid by the county job and therefore not contributing to the state system. Since I wasn't contributing to the state system, that time doesn't count as years served towards the required number of years to retire from the county job. There is an option to buy a year of service back at a cost of 16% of your highest fiscal salary. The retirement accounts appear to be managed decently and earned about 5% interest last year.
In what scenario(s) would it be wise to buy these years of service for the time that I've been away?
Submitted February 03, 2019 at 01:17PM by aBORNentertainer http://bit.ly/2D5Y6Yf
