Did anyone else in Tier 3 recieve letter about having to pay back extra money?? Im starting to regret signing that damn paper
TransitCop said
Jan 24, 2018
I got one stating I owe $900 that they will take from me over next 60 pay periods.
thejimmy said
Jan 24, 2018
Is there a way we can pay it off all at once?
1012by1 said
Jan 24, 2018
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.
BossedUP said
Jan 24, 2018
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
BossedUP said
Jan 24, 2018
No they made sure they broke it up into payments becuz no one and tier 3 can retire with a shortage
Mck04 said
Jan 24, 2018
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.
thejimmy said
Jan 24, 2018
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.
BossedUP said
Jan 25, 2018
Thank you, im going to call tomorrow
JPAL91091 said
Jan 25, 2018
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
Did anyone else in Tier 3 recieve letter about having to pay back extra money?? Im starting to regret signing that damn paper
No they made sure they broke it up into payments becuz no one and tier 3 can retire with a shortage
Thank you, im going to call tomorrow