What are the different types of service that can be purchased at COA ERS?
Prior City of Austin Service: If a Member has left City employment, withdrawn/refunded his/her deposits, and later returns to City employment or employment with a participating proportionate system (see Proportionate Retirement), he/she may purchase the earlier time with the City. The cost to purchase prior service credit is based on the amount previously withdrawn, plus an interest payment based on the interest assumed to have been earned by the fund.
Creditable Service/Membership | Contributions | Proportionate Service | Service Purchases
Retirement | Lump-Sum Payments | Retirees Working for the City of Austin | Retiree Health Insurance
Leaving City Employment | Other Information
The Frequently Asked Questions document is intended to provide general information to Members. Member specific questions should be directed in writing to the COA ERS Staff. If there is any difference between the information provided in this document and the law or policies that govern COA ERS, the law and policies will govern.