Purchase of service credit may be made by lump sum payment or through biweekly payroll deductions on an after-tax basis. The period of time over which you can make installment payments depends upon the type of retirement service credit you are purchasing.
You may also purchase retirement service credit through a direct rollover from another tax qualified plan such as a 401(a), 401(k), Keogh, 403(b), and 457 plan. Transfers may be made from the County of Ventura 401(k) and 457 plans. You may use funds from an Individual Retirement Arrangement (IRA) if conclusive proof can be provided that the IRA does not include any after-tax funds. Please call (805) 654-2620 or click for additional information regarding County Deferred Compensation transactions.
All purchases of retirement service credit must be paid in full prior to your retirement date. For more information on purchasing additional retirement service credit, please contact VCERA.