I retired from the state of Colorado about ten months ago. Since I employed prior to Jan. 1, 1999 I could buy more than five years. It cost me 15.5% of my three highest years average salary with a gain of 2.5% for each year purchased. I had been investing for years in my 457 and more recently in my 401k. With changes in the tax law I was able to use both to purchase service credit after Jan 1, 2002 I bought the entire 9.951 years I was eligible for. I figured it would pay me 16.1% (2.5/15.5) on that purchase the rest of my life. It boosted my pension by 40%.Your cost sounds more expensive. The 403b may increase in value faster than your salary. The eligibility to purchase could change with new laws. I was employed by CDOT for 25 years. A lot changed in that time.Good luck to you!
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