Civil service redeposit

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Q. My wife was told she could apply for a redeposit of service credit funds. The state agency she worked for has a program that let’s her file for retirement on funds she withdrew. This program will then take a portion of her monthly retirement to repay the withdrawn amount. I worked for the Defense Department civil service from 1977-1991 but withdrew all funds. Does the civil service retirement system have a similar program?

A. No, it doesn’t. You could only redeposit that money if you returned to work for the federal government.

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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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