Redeposit of CSRS

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Q. I am a CSRS Offset employee with almost 30 years of service. After my first period of civilian service (1981 through 1992), I was laid off during a RIF. I withdrew my CSRS deposit in 1992 and have not paid it back.

Can I still get retirement credit for my civilian service prior to March 1, 1991, and receive actuarial reduction versus paying back my withdrawal plus interest?

A. Because you got a refund of your retirement contributions after February 28, 1991, you can only have that period of service included in your annuity computation if you redeposit the amount you received, plus accrued interest.

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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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