Q. I am currently a federal employee and retired from the Army. I am receiving my military retirement (annuity). I recently paid a military deposit under FERS to position myself to waive my military retirement and add it to my federal time before I retire. I will also have approximately 45 years of combined service at the conclusion of my career. Am I eligible for CSRS or just FERS? The reason I now ask is because my new service computation date is now May 1982.
A. Because you were first hired as a civilian employee on or after Jan. 1, 1987, you are covered by FERS. Your service computation date only counts when determining your eligibility to retire and the amount of your annuity.