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Purchasing Military Service

Jun 22, 2022, 09:08 AM by MOSERS
Is purchasing military service still an option? I can't seem to find that information on the website. Thank you

As a member of MSEP or MSEP 2000, you may purchase up to four years of active-duty military service credit for service performed prior to last becoming a member of MOSERS. This may include active-duty military training. This information is included in our Purchasing and Transferring Service Guide for MSEP (Closed Plan) Members or Purchasing and Transferring Service Guide for MSEP 2000 Members materials. Purchase of prior military service is not available to members of MSEP 2011 or the Judicial Plan 2011.

Contact a MOSERS benefit counselor to get additional information and to request an Application to Purchase Active-Duty Military Service. Once you complete the application, MOSERS will provide you with an estimate of the cost to purchase service and how doing so will affect future benefit payment amounts.

You must complete any purchase of military service prior to applying for retirement. If you have money in your MO Deferred Comp account, as a member of MSEP or MSEP 2000, you can use those funds to purchase prior military service (exception: Roth 457 assets cannot be used to purchase service credit). If you have questions about accessing your funds, contact MO Deferred Comp.

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We strive to provide the most accurate information possible in our answers to Rumor Central questions. However, occasionally, laws, policies or provisions change and individual circumstances may vary. Please contact a MOSERS benefit counselor or see the handbooks in our website Library for more detailed information. If there is any difference between the information provided in this blog or on the MOSERS website and the law or policies that govern MOSERS, the law and policies will prevail. See our Privacy, Security & Legal Notices for more information.