FERS Technician and military buyback refund

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Q: I am a FERS dual status technician with the Air National Guard. I completed my active duty Title 10 military buyback (three years, seven months) to receive retirement credit under FERS. Is it possible to apply for a refund of the military buyback time and not receive credit under the FERS retirement system?

A: You can only get a refund of your retirement contributions if you leave government and apply for a refund of all your retirement contributions and deposits, thus voiding your entitlement to an annuity.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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