- This page, Veterans: Buybacks and Other Retirement Benefits, is offered by
- Public Employee Retirement Administration Commission
Veterans: Buybacks and Other Retirement Benefits
Learn about additional benefit eligibility for your military service
You have 180 days from the date your system notifies you of potential eligibility to begin a military service buyback
Contacts
Public Employee Retirement Administration Commission
Phone
Main Number
Call Public Employee Retirement Administration Commission, Main Number at (617) 666-4446
Hours: 9:00 a.m. to 5:00 p.m., Monday through Friday
Fraud Hotline
Call Public Employee Retirement Administration Commission, Fraud Hotline at (800) 445-3266
Call to report suspected pension fraud
Online
The Details
What you need
Military Service Buyback
- You may be entitled to purchase creditable service for military service either before you became a public employee or while on leave from public service
- You can purchase up to four years to add to your creditable service
- You will pay 10% of your salary when you last became a member of your retirement system for each year purchased
- You must file a Veterans' Buyback Form with your local retirement system to purchase this service
- A copy of your DD214 form is required
Veterans Ordinary Disability Retirement Benefit
- See the Disability Retirement Application process for more information on the ordinary disability retirement for veterans
Additional retirement benefit for veterans
- Veterans retired under superannuation retirement receive $15 a year extra for every year of creditable service
- Maximum benefit is $300 per year
- A copy of the DD214 form is required
- You must inform your retirement system of your veteran status
- Veterans earn creditable service while on leave from their employment to serve in an eligible military campaign (G.L. c. 32, s. 4(h)).
How to apply
All forms must be filed with your local retirement system
Downloads
Open PDF file, 488.87 KB,
Veterans' Buyback Form
(English, PDF 488.87 KB)
Contact
Address
Phone
Main Number
Call Public Employee Retirement Administration Commission, Main Number at (617) 666-4446
Hours: 9:00 a.m. to 5:00 p.m., Monday through Friday
Fraud Hotline
Call Public Employee Retirement Administration Commission, Fraud Hotline at (800) 445-3266
Call to report suspected pension fraud
Online
Fax
(617) 628-4002