Purchasing Service (Tier 2)
This page is specifically for members who are Tier 2. If you wish to purchase a service contract and you are in Tier 1, please go to this page.
You may be eligible to purchase service credit for previous periods of employments, which will provide you with a higher monthly allowance when you retire, and may even, qualify you to retire earlier. If you have service for purchase, you should contact the Membership Section at (213) 367-1695 as soon as possible; significant interest penalties apply to some purchases if they are not started within a specified period.
Payments for a service purchase contract can be made by lump sum payment, rollover, or payroll deductions. Please note, IRS Section 415(c)(1)(A) limits how much after-tax contributions you can make in a calendar year, which may limit your ability to make payment(s) in your preferred manner.
The costing for Tier 2 contracts will vary depending on the type of purchase you are making. For more information, please watch a short video.
Non-Full Actuarial Costing Contracts | Full Actuarial Costing Contracts |
---|---|
Ineligible Department Service, such as an exempt position | Eligible City service where you were allowed to contribute to LACERS |
Redeposit of withdrawn contributions | Ineligible City Service periods, such as an exempt position |
Up to 5 years of paid, full time military service (minimum of 6 months) | Unpaid Department maternity leaves (limited to leaves from LADWP and not City) |
Redeposit of withdrawn contributions from LACERS, or combined LACERS and the Plan | |
Other Government Service that was paid, full time and for a minimum of 6 months | |
Paid, full time military service in excess of 5 years |
To apply to purchase time worked in the Department, you will need to submit this application form.
To apply to purchase time worked in the City, you will need to submit this application form.
To apply to purchase time worked in another Government agency, including military time, you will need to submit this application form.