No buyback


Q: I work for the government under FERS. I retired from the military after 20 years, but did not buy back my time for retiring from the federal government. I am a GS13 and will be 62 next year and will also have 10 years working for the federal government. Will I get some sort of retirement? Will I be allowed to draw a retirement from the the federal government and also continue to draw my military retirement pay?

A: To be eligible for a FERS annuity at age 62, you would only need to work for five years. If you retire at that age with 10 years, your annuity would be calculated using this formula: 0.01 x your high-3 x 10 years. Because you haven’t combined your active-duty military service with your civilian service, you’ll be able to receive both benefits, with no reduction in either.


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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

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