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This document is a request form for members of the Wichita Employees' Retirement System to calculate the cost to purchase prior service credit after re-employment following a refund of contributions.
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How to fill out WICHITA EMPLOYEES' RETIREMENT SYSTEM REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT
01
Obtain the WICHITA EMPLOYEES' RETIREMENT SYSTEM REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT form from the official website or the HR department.
02
Begin by filling out your personal information at the top of the form, including your name, address, and employee number.
03
Indicate your current job title and department to provide context for your request.
04
Specify the period of prior service credit you wish to purchase, including start and end dates.
05
Include any supporting documentation that verifies your prior service, if applicable.
06
Review the instructions provided on the form to ensure all necessary sections are completed.
07
Sign and date the form to authenticate your request.
08
Submit the completed form to the appropriate retirement system office, either in person or via mail.
Who needs WICHITA EMPLOYEES' RETIREMENT SYSTEM REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT?
01
Employees of the Wichita city government who are looking to buy back time served in a prior position for retirement compute purposes.
02
Individuals who have prior employment with the city and wish to add that time to their retirement credit.
03
Employees seeking to explore retirement benefit options and enhance their financial planning for retirement.
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What is WICHITA EMPLOYEES' RETIREMENT SYSTEM REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT?
The WICHITA EMPLOYEES' RETIREMENT SYSTEM REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT is a formal request made by employees to evaluate the financial implications of buying back retirement service credits for periods of previous employment, which can enhance their retirement benefits.
Who is required to file WICHITA EMPLOYEES' RETIREMENT SYSTEM REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT?
Employees of the Wichita Employees' Retirement System who have prior service credits from previous employment and wish to include those credits in their retirement calculations must file this request.
How to fill out WICHITA EMPLOYEES' RETIREMENT SYSTEM REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT?
To fill out the request, employees typically need to provide personal information such as their name, employee ID, and detailed information about their prior service including the dates of employment and the nature of the work performed.
What is the purpose of WICHITA EMPLOYEES' RETIREMENT SYSTEM REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT?
The purpose of the request is to assess the cost associated with purchasing prior service credits, which can impact the employee's pension calculations and overall retirement benefits.
What information must be reported on WICHITA EMPLOYEES' RETIREMENT SYSTEM REQUEST FOR CALCULATION OF COST TO PURCHASE PRIOR SERVICE CREDIT?
The request must include information such as the employee's personal details, previous employment history, specific periods of service being considered for purchase, and any other supporting documentation required by the retirement system.
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