Buying back FERS active duty time

0

Q. I served five years and 11 months in U.S. Navy between 1992-1997 and was recently hired to work for the VA. Would my active duty time be applied towards my retirement, or do I need to “buy back” that time?

A. You won’t get any retirement credit for your active duty service unless you make a deposit for it. And the sooner you do that, the better. If you complete the deposit in fewer than three years, you won’t be charged any interest.

Share.

About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

Leave A Reply