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

• 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)).