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Rising Star for the 2022 Sergeant and Captain Exam -> 2016 Sergeant Exam -> Tier 3 Enhanced
Post Info TOPIC: Tier 3 Enhanced
BossedUP


Member

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Posts: 7
Date:
Tier 3 Enhanced
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Did anyone else in Tier 3 recieve letter about having to pay back extra money?? Im starting to regret signing that damn paper 



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TransitCop


Senior Member

Status: Offline
Posts: 370
Date:
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I got one stating I owe $900 that they will take from me over next 60 pay periods.

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thejimmy


Member

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Posts: 21
Date:
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Is there a way we can pay it off all at once?

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1012by1


Member

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Posts: 15
Date:
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Why pay it all at once? you are getting an interest free loan for over 2 years. Money now is worth more than money later.

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BossedUP


Member

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Posts: 7
Date:
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They already started taking money out of my check since 12/15 i thought that was fee...now its going to be more money deducted on 2/9!!! Smh they really got us good

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BossedUP


Member

Status: Offline
Posts: 7
Date:
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No they made sure they broke it up into payments becuz no one and tier 3 can retire with a shortage



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Mck04


Veteran Member

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Posts: 63
Date:
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I am not in tier 3 but I am pretty sure if u either talk to your payroll or payroll at 1pp they will take it out in one shot. If you want that option that is. Tier 3 sucks. No ithp or 50/50. Just saying. It is what it is.

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thejimmy


Member

Status: Offline
Posts: 21
Date:
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Spoke to the pension sector today and they said you can pay the whole amount off with a money order or bank check but have to call if it's after this pay cycle to have the right amount. Which ends tomorrow.

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BossedUP


Member

Status: Offline
Posts: 7
Date:
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Thank you, im going to call tomorrow 



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JPAL91091


Senior Member

Status: Offline
Posts: 106
Date:
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I think paying it off in the 36 weeks isn't a bad thing for me its $15 on top top of the normal 1%. ITs like 45 a paycheck or something. But good to know you can call and do it in one shot

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Rising Star for the 2022 Sergeant and Captain Exam -> 2016 Sergeant Exam -> Tier 3 Enhanced
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