PERAPlus 457 Plan

Frequently Asked Questions

Question:
Can I use my 457 to purchase service credit?

Answer:
Yes, you may use the pre-tax funds in your account to purchase service credit if you meet certain conditions. You may use your PERAPlus 457 Plan account to purchase service credit two times per calendar year. Contact PERA or refer to PERA's Purchasing Service Credit brochure for more information.