Q. I was active-duty military (Title 10) from 1987 to 1999. I became a military technician in 1999 under FERS and am currently still buying back those 11 years of active duty. I recently took an AGR (Title 32) position with the National Guard after 10 years of federal service as a military technician. At age 56 I intend to retire with 20 years of active duty as an AGR. This coincides with my federal MRA+10 (age 56 years). Can I collect a FERS retirement and a military retirement? Is there a particular strategy I should employ with these two retirements? i.e. submit MRA+10 retirement after or before AD retirement?or should I terminate my military deposit now because I cannot draw both and cannot get my military deposit back?
A. You can collect both your military retired pay and your FERS annuity without a reduction in either. If you complete that deposit for your active-duty service, you’ll get credit for that time in determining your creditable service and in your FERS annuity calculation. If you don’t complete the deposit, you won’t get any credit for that time, and you won’t be able to get a refund of what you did deposit until you separate from your civilian job or retire from it.