Military buyback error

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Q. I finished buying my military time back in 2001. I even received a Form 50 with my retirement date changed. Now, human resources for the Postal Service has notified me that they have made a error regarding my IAD date. They notified me I owe them $570 plus interest. This brings the total to $899. I agreed to pay the $570 but not the interest because it was not my error. They refused, and have already changed my retirement comp date. Why should I pay 10 years of interest due to their mistake?

A. Unfortunately, you’ll have to pay for their error.

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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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