Military buyback

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Q. I have three years of active-duty time while in the Army Reserve and I am in the process of having the Office of Personnel Management and Defense Finance and Accounting Services verify that time for retirement purpose. I became employed as a DA civilian in June 2005. My plan is to buy back the three years of active-duty time and have that time apply toward my civilian retirement. When I reach age 60, I am eligible to draw my Army Reserve retirement pay (based on my total points). When I retire as a DA civilian, will I lose my Reserve retirement pay or will I be eligible to receive both my Reserve retirement pay and my DA Civilian retirement pay (FERS)? Or will I have to give up my Army Reserve pay to receive my DA Civilian retirement pay?

A. You’ll be able to receive both.

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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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