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Get the free REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT - wichita

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This document is a request form for members of the Police & Fire Retirement System to calculate the cost of purchasing prior service credit after re-employment.
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How to fill out REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT

01
Obtain the REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT form from the relevant authority or organization's website.
02
Fill in your personal information, including your full name, contact information, and any identification numbers required.
03
Provide details about your prior service, including dates of service, type of service, and the employer's name.
04
Review any eligibility requirements and ensure that you meet them before submitting your request.
05
Complete any additional sections or documentation that may be required by your organization.
06
Double-check all entries for accuracy and completeness.
07
Submit the completed form to the designated office or department, ensuring you retain a copy for your records.

Who needs REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT?

01
Individuals who are looking to purchase service credit for service time not covered by their current retirement plan.
02
Employees seeking to enhance their retirement benefits by including prior service periods in their pension calculations.
03
Members of retirement systems wanting to understand the costs associated with purchasing prior service credits.
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It is a formal request made by an employee to determine the cost associated with purchasing service credit for prior employment, which may count towards their retirement benefits.
Any employee who has prior service credit that they wish to purchase for retirement calculations is required to file this request.
To fill out the request, the employee must provide personal information, details of prior service, and any other required documentation as specified by their retirement system.
The purpose is to obtain an estimate of the financial obligation an employee would incur if they decide to buy back service credits to enhance their retirement benefits.
The information that must be reported typically includes the employee's name, social security number, details about the prior service being claimed, and any relevant employment history.
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