Q. I am currently a federal employee under FERS. I am also a retired reservist eligible to receive retired military pay when I reach 60. Right now I’m age 50. I would like to buy back three years of active time toward federal time. Do I have to waive my military retirement pay when I reach 60?
A. No, you don’t. Only those who are receiving military — not reserve — retired pay are required to do that if they want to get credit for that time.