Military buyback

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Q. I was active-duty Air Force for three years and eight months, then medically retired with a service-connected disability of 30 percent. I receive a monthly pension from the Air Force and also the Veterans Affairs Department. Now I am a FERS employee with 25 years of civil service. If I buy back my military time to have it credited toward my civil service time, will I lose by monthly Air Force retirement and VA pay?

A. If you make a deposit to get credit for your active-duty service, you’ll have to waive your military retired pay when you retire but not your VA pay.

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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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