Paying back CSRS Offset

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Q. What is the best way for me to find out exactly what amount of money I need to pay back my CSRS Offset account? I took out a refund a while back, then went back to work CSRS Offset again for a short while and got reinstated, but I need to pay back for annuity later when I retire. Can I do this by phone, online, local bank?

A. You’ll need to complete Standard Form 2803 and send it to the Office of Personnel Management. When you find out the amount you owe, go to your payroll office and work out a repayment plan.

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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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