Tom Truman says:
Long story short,
received .73 years of service for $263.14
payroll deductions; ranging from 12 to 72 months at a cost /month ranging from $22.42 to $4.12
It seems obvious to do the lump sum, especially since I am going to retire 6/2012
had .56 with .73 = 1.29
though at the bottom it says.....if no payment is received, your retirement benefit will be permanently reduced to recover the cost...
If I do nothing, in 91 days from billing, 11/30/10, this amount will be indebted to my account at a rate of 4% yearly; actuarial debt.
Personally, with the new governor and possible changes in laws, I am going to pay this small amount off to ensure I have the .73. Theoretically, I know, they can't take it from me, but $263.14 is a small price to pay for peace of mind.