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BossedUP · Member

Tier 3 Enhanced

TransitCop · Senior Member

I got one stating I owe $900 that they will take from me over next 60 pay periods.

thejimmy · Member

Is there a way we can pay it off all at once?

1012by1 · Member

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 · Member

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 · Member

No they made sure they broke it up into payments becuz no one and tier 3 can retire with a shortage

Mck04 · Veteran Member

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 · Member

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 · Member

Thank you, im going to call tomorrow

JPAL91091 · Senior Member

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