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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

Public Employee Retirement Administration Commission

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Hours: 9:00 a.m. to 5:00 p.m., Monday through Friday

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The Details of Veterans: Buybacks and Other Retirement Benefits

What you need for Veterans: Buybacks and Other Retirement Benefits

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

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 Veterans: Buybacks and Other Retirement Benefits

All forms must be filed with your local retirement system

Downloads for Veterans: Buybacks and Other Retirement Benefits

Contact for Veterans: Buybacks and Other Retirement Benefits

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