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

Phone

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

Call to report suspected pension fraud

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

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

Contact

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