Browsing: PAY

Q. I will be separating from the military in September 2014 with 11 years, six months service. I am looking to get a federal GS job where I can buy back my military time. I know this goes toward the pension plan, but does it also count anything toward GS within-grade pay increase?

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”,”serif”;} Q. If you worked full time for the federal government for six years and part time for four years, and retired at age 62, can you obtain federal retirement then? Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”,”serif”;} A. Yes. In fact, you would only have…

Q. I have 20 years at the VA and two years of military service of which I paid back to get credit. I worked in the Postal Service from 1970 to 1977 and took out my retirement.  Can I repay, with interest, that money to receive credit for those seven years? A. Yes, you can.

Q. My wife worked for the federal government from 2011 to 2012 and resigned in August 2012 due to medical reasons. During that two years of service, $222.07 was deducted from her pay for “Retire, FERS” and there were matching funds of $3281.31, so the total is $3503.30 for the “Retire, FERS.” Can my wife request that money be refunded? A. If she doesn’t plan to return to federal service, she would only be entitled to a refund of her own retirement contributions. Doing so would cancel her entitlement to any future retirement benefit. However, if she got a refund…

Q. I have recently retired from an air traffic controller job, collecting a retirement annuity from the government. I am 55 years old and was wondering if I can now get a job with another government agency (Homeland Security) and still retain my retirement annuity. Is there anything written about this, and where would I find it? A. Whether you can get a job with another agency is up to them. As a rule, your new salary would be offset by the amount of your annuity. However, there are limited authorities that allow an annuitant to receive both his annuity…

Q. A friend is in her 48th year of federal service and has not, to date, paid the non-deposit for her first three years of employment. Once she passed 41 yrs 11 months of federal employment, a deduction for the non-deposit began to be deducted from her check. Is this the usual protocol in this situation? Will she be able to repay her non-deposit before she retires, now that this has happened?

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