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Good morning. I am a teacher in Illinois - Chicago. I am considering moving to WI as my family lives there. I am wondering, how many years of pension can you buy back. Here in Illinois, you can buy up to 10 years of service back -- say you taught in Florida for 10 years prior to moving to Illionis, you can buy back those 10 years of your pension. How many years can you buy back in Wisconsin.

Thanks
Neal (M) Link included b> Won't you be penalized for removing your $ from IL?

As far as I know there is no limit, you can use the calculator to get an idea of what you'll have to purchase, however purchasing back years uses a formula based on how much interest would have accumulated, and you have to put in both the employers and the employees portions.
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Aug 30, 2009


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