Military Service Credit for State & Local Retirement System Members
Veterans may be entitled to receive additional credit toward retirement for your military service through New York State and Local Retirement System.
There are different sections of the law that allow the crediting of qualifying military service. Once the Retirement System receives your request, they will determine under what section the Veteran may qualify and what would be most advantageous to the Veteran.
In most cases, purchasing additional service credit will increase the pension. However, there are certain situations where additional service credit may not increase the pension at retirement.
More information regarding complete eligibility requirements, buy back cost, and instructions to apply can be found on the Office of the State Comptroller website at: http://osc.state.ny.us/retire/members/military-service-credit.php