"Periodic contribution 1.07% of gross salary + 0.15% of gross salary for one years service."
1. If I have to buy back 16 years service do I have to multiply that amount by 16 and pay that amount each year until I retire?
2. Also do you know if the spouse or children get a pension if I die before I retire (I am paying spouses and childrens contribution)
3. And does the spouse gets 50% of the pension after I retire in addition to my receiving the full pension.
thanks in advance.
1. If I have to buy back 16 years service do I have to multiply that amount by 16 and pay that amount each year until I retire?
2. Also do you know if the spouse or children get a pension if I die before I retire (I am paying spouses and childrens contribution)
3. And does the spouse gets 50% of the pension after I retire in addition to my receiving the full pension.
thanks in advance.