Retired reservist under FERS

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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.

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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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