Q. I have severed in the Air Force Reserves for 10 years. I have about three to four years of active duty time during that time in the reserves due to deployments and working extra days on military orders. If I buy back that time for my federal civilian position, how will that affect my retirement with the reserves should I go back in for my last 10 years in the reserves?
Browsing: Military service deposits
Q. I have 14 years and 8 months of active Army service. In 1993, when Regan was initiating draw down of troops and instituted SSB (Service Separation Bonus), I received a Service Separation Bonus in 1993’s drawdown of $40,000 before taxes and separated from the Army in Sept. 1993. In June 1995, I entered the federal service as a full time Civilian Government Employee working for the Army Material Command where I work today. At the end of this month, I will have 18 years and 9 months as a federal government worker. I am currently 56 years old. Would it be more beneficial to…
Q. I am a civilian FERS employee who received a work related injury. Right now, I’m in the process of buying back my active military service (four years). My injury is one that may eventually put me out on FERS medical retirement. Can I collect federal medical retirement and VA disability? Would it be beneficial for me to stop my military buyback?
Q. I am trying to get information regarding the military service buy back program. I served in the military for four years and got medically retired. I receive compensation from the Veteran’s Affairs, so I thought that it would not be a good idea to buy back. But people say that I should get expert advice on this particular matter. Could you tell me if the buy back program is beneficial for me?
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?
Q. When is creditable service NOT creditable? As an Air National Guard Federal Technician, my local human resources office insists that three-plus years of Title 10 Active Duty military service (which I’ve paid my deposit for) cannot be used to satisfy the 20-year minimum service criteria for early/involuntary (loss of military membership) retirements in IAW 5 USC 8414 (c)(2). Is this correct?
Q. I am CSRS and presently employed be the Air Force. I paid my military deposit in full, and as I will never have Social Security quarters, I would like to have it refunded back to me. Although OPM cannot quote the regulation, they said that if I was still making payments on it I could request a refund but because it is paid in full I cannot. Can you quote the regulation that states that? Can you quote the regulation that says that I can have this refunded!
Q. I am 51 years old and have suffered a stroke. I realize I could probably apply for FERS disability retirement, but I have a dilemma. I am buying back my military service time, but I have about five years to buy it all back. Which is better to apply for disability retirement or regular early retirement?
Q. I am a federal law enforcement officer and currently have 22 years of service. I’ll turn 46 in March of this year. I also have five years of Marine Corps time that I was active duty. I understand the rule that I can retire at any age with 25 years of creditable service or retire at age 50 with 20 years of service. I will fall into the 25 year rule, since I will be less that 50 when I am eligible. I know I am supposed to get a Social Security bridge when I retire until my regular…
Q. Does seniority play a part in military buy back? Do you move up in seniority with your buy back time?