Purchasing Service Credit
As a Colorado PERA member, you may increase your service credit by purchasing service credit based on a refunded/rolled over defined benefit (DB) plan account or for employment not covered by Colorado PERA. All service credit purchases must be completed during active membership.
To purchase service credit, your eligibility and cost to purchase is dependent on several factors including:
The date your current membership began
The division you work under
The type of purchase you are making; based on a refunded/rolled over DB plan account or for employment not covered by Colorado PERA
Your age at the time of purchase
Review the Purchasing Service Credit booklet for detailed information on purchasing service credit. The booklet includes the Cost to Purchase Service Credit table.
Use the following Purchasing Service Credit calculators to help you decide if purchasing service would be helpful to you:
- Purchasing Service Credit - Effect on Benefit
- Purchasing Service Credit - Employment Not Covered by Colorado PERA
- Purchasing Service Credit - Refunded/Rolled Over Colorado PERA DB Plan Account