Browsing: annuity

Q. I am currently a federal employee and also a traditional Guardsman (one weekend a month and two weeks a year). I served 13 years on active duty Army. I am at around 16 years total military service right now as well. If I were to buy back my 13 years of active time, would those years still count toward my military retirement? How would it affect my military retirement? Just pay?

Q. I would like to be eligible for the 1.1 multiplier. As I already have 2,700-plus hours of sick leave (more than 1 year), does this mean I could retire at 61 years of age? In other words, do years of service also include unused sick leave?

Q. Can the sick leave balance be used to push a retiring employee beyond the 20-year point? If the worker, older than 62, wants to retire on Feb. 1 but is five months short of 20 years and has 5½ months of sick leave, will the balance push the service beyond 20 years?

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