February 17, 2019

Bulletin 5-19

Important Reminder

Purchase Your Recruit Training Time Today!

 

Dear Local 112 Members:

 

Your UFLAC Executive Board would like to remind our members about your ability to buy back recruit training time. Purchasing your recruit time will increase your overall years of service on the job and count towards your pension. The sooner you purchase your time, the less interest you’ll have to pay. If you haven’t completed this purchase, we encourage you to review the information below.

 

Why Purchase Time?

  • Brings you closer to having five years of service, which is when you become eligible for nonservice-connected disability benefits
  • Brings you closer to the five-year threshold for a nonservice-connected lifetime survivor pension
  • Brings you closer to the minimum years required for a service pension, depending on your Tier
  • Adds to your service pension percentage, up to the allowed maximum pension percentage for your Tier

 

 

Steps to Purchase:

STEP 1

Submit a Request to Purchase.  Complete a Request for Service Credit Purchase Estimate. Indicate the type of service credit you are interested in purchasing and the method of payment (lump sum, payroll deduction, or transfer from the City’s Deferred Compensation Plan or another eligible retirement plan). You may submit your request by mail, fax, email or by phone to Active Member Services Section. It takes about 6-8 weeks to receive your cost estimate.

 

STEP 2

Complete Purchase.  Based on the payment method(s) you selected, additional forms will be mailed to you.  In order to finalize the purchase, please complete and return the forms as instructed.

 

For more information, please call Active Member Services Section at 213-279-3140 or visit www.lafpp.com.

 

Sincerely,

 

Executive Board

United Firefighters of Los Angeles City Local 112