Military buyback

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Q. I am a GS employee and sent in the forms with a quote on my military buyback. The total is $4,900 and it appears monthly on my LES. Do I need to pay this back while I am a federal employee or can I leave for the private sector and then send in a check?

A. You must complete the deposit while you are a federal employee or, if you retire, before the final adjudication of your retirement application by OPM.

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About Author

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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