Members Retirees Employers
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Early Retirement Incentive (ERI) Reporting and Payment

Once you are issued a Final Certification of Cost to Employer letter (SCP-0052), you have two choices for payment.

To avoid interest, a direct payment can be made by June 30 of the fiscal year in which the service is purchased, or a direct payment can be made over an extended period of time. This period of time should not exceed the number of service years purchased, and will include interest.