Idaho Administrative Code
Title IDAPA 59 - PERSI (Public Employee Retirement System of Idaho)
Rule 59.01.01 - RULES FOR THE PUBLIC EMPLOYEE RETIREMENT SYSTEM OF IDAHO (PERSI)
Subchapter F - PERSI RETIREMENT RULES
Section 59.01.01.625 - PURCHASE OF SERVICE GENERALLY
Universal Citation: ID Admin Code 59.01.01.625
Current through August 31, 2023
No member may purchase more than forty-eight (48) months of membership service, whether purchased under Section 59-1362, or 59-1363, Idaho Code, or a combination thereof. In all cases, the cost of purchasing service shall be the full actuarial costs, as determined by the board, of providing additional benefits resulting from the purchased service. Service may only be purchased at the time of retirement. In no event can a member revoke a purchase of service after payment has been made. (3-31-22)
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