If you rendered any of the types of service listed below, you may be eligible to purchase credit for your service. If you wish to purchase credit, you must complete and submit the appropriate service purchase applications, along with any required documentation. We will review your application, determine your eligibility to purchase your service, and send you an invoice.
Please note: All service purchases must be paid for in full prior to your date of retirement; late payments will delay your date of retirement—and because retirement benefits are retroactive only to your date of retirement, late payments will cause you to lose money!
We strongly encourage you to start the service purchase process early because it often takes some time for you and your prior employers to gather documentation of your past service.
|Types of purchasable service and application forms||Maximum time creditable||Applicable interest rate|
Other MA public service with the MTRS or a MA town, city, state, county or regional authority, during which...
|As of April 3, 2013, actuarial interest (currently, 8.25%)***|
|MA public school substitute, temporary or part-time teaching or tutoring service||20 years|
|Out-of-state public school teaching service **||10 years|
|Nonpublic, private school teaching service BEFORE 1973 **||10 years|
|Overseas dependent school teaching service **||5 years|
|Vocational education work experience **|
(for Chapter 74 certified educators)
|3 years||Buyback interest for all members (currently, 4.125%)|
|Nonpublic school teaching service in a MA publicly-funded school||10 years|
|Peace Corps service **||3 years|
|Pre-1975 maternity leave (except in rare situations, you must have purchased this service by 12/31/2001; however, if you believe you may qualify, please contact our office)||4 years|
Active military service in U.S. armed forces, MA National Guard or Active Reserves,** other than a military leave of absence during membership in a MA contributory retirement system
|Generally 4 years||No interest charged on first invoice, first due date; thereafter, buyback interest|
Credit may no longer be purchased for uncompensated service rendered as a selectman, city councillor or alderman, school committee member, moderator or library trustee; however, service in these positions that was purchased prior to 7/1/2009 will count as creditable service. For Other MA public service rendered after 7/1/2009 to be eligible for purchase, you had to have earned at least $5,000 per year.
To be eligible to purchase these service types, at the time you submit your service purchase application, you must be a member in service with the MTRS (generally, you are a "member in service" if you are: actively teaching; receiving Workers' Compensation for total incapacity; on a sick leave; or, on an authorized unpaid leave of less than one year).
*** EXCEPTION: If you established membership in a Massachusetts public retirement system on or after April 2, 2012, and you had previously been a member of a Massachusetts public retirement system and taken a refund of your account, you will have one year from the date that you re-entered public service to apply and pay for your service purchase at the lower "buyback" interest rate (currently, 4.125%). After your first year of re-entry to membership, you will be subject to actuarial interest.