Would add 6 years to my service creditThis would give me well over the 10 years needed to vest & become eligible for disability payments or survival benefits. I would be able to retire 6 years sooner.This is all well & good; potentially even at a cost of $11,000. However, to evaluate this option, you need to give us a bunch of details:1. Your current age?2. What mnthly benefit would you receive and at what age would it commence?3. Any special features attached to (2) above?4. Anything unusual about your health/life expectancy?With these data we can do a future value computation to determine:A. Spend the $11k to buy the years to buy the benefit in (2) above.B. Invest the $11k for N years (say to age 65) which will create a lump sum of $XXX which can then be converted into an immediate annuity of $ZZZ per month.TheBadger
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