Results 1 to 6 of 6
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06-13-2019, 03:22 AM #1UnregisteredGuest
FRS buy back
Does anyone know off hand if you can transfer or buy pack years if you go to a FRS department from a city pd with its own pension?
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06-13-2019, 12:31 PM #2UnregisteredGuest
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06-15-2019, 11:49 AM #3UnregisteredGuest
Be prepared to pay out the ass for it. It's like having another house payment...
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06-15-2019, 12:29 PM #4UnregisteredGuest
It's a scam. They made it impossible for you to buy back any time, it looks good on some state government paper but is a scam, way too expensive for anyone.
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06-15-2019, 07:08 PM #5UnregisteredGuest
Unless you do it immediately after you get hired, it’s just not worth it. There is a 6.5% interest charge for every year that you wait before buying time back. Additionally, Any time that you buy back, you get credit for it at the regular 1.6 multiplier rather than the 3% special risk multiplier.
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06-15-2019, 10:23 PM #6UnregisteredGuest
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