Browsing: Military service deposits

If you have spent time in the military, you may be entitled to credit for that time in the computation of your Civil Service Retirement System or Federal Employee Retirement System annuity. To be eligible, you must have done one of the following: Served on active duty in the armed forces, which are defined as the Army, Navy, Air Force, Marine Corps or Coast Guard and, after June 30, 1960, in the Commissioned Corps of the Public Health Service or, after June 30, 1961, in the Commissioned Corps of the National Oceanographic and Atmospheric Administration; Served as a cadet in…

Q. I am a FERS employee and had nine years of active-duty military time and 11 years of reserve before becoming a federal employee. I bought this active-duty time back. Now I have 16 years as a federal employee and the nine years of military time. My understanding is that under FERS, the military time is creditable service up front (I have 25 years of creditable service for retirement purposes). Is this correct? At 60 years old, I’m receiving military retirement. Do I need to waive my military retirement in order to receive FERS retirement or have two separate retirements?

Q. I completed active duty in the Air Force for a four-year enlistment, got out and immediately and jumped into the Air National Guard and was hired as a full-time federal employee. I accumulated 15+ years of federal employment and six years total active duty and was RIF’d one and a half years ago. Do I have a time limit after separating from the GS system to buy back my active-duty days so I can retire with 20+ years of civil service? I understand I need to be on the GS system to buy back any active duty years. I was…

Q. I am trying to figure out if my personnel office has computed my creditable service for active duty performed under Title 10 and USEERA statutes. I am a career Postal employee who was activated for 15 months and then returned to my present job. I understand that under USEERA, the time I was away is counted as creditable time like I never left the Post Office, but I did submit a request to buy back this time and paid for it. I was expecting my creditable service time to increase because of this buyback, but am I wrong to assume that…

Q. I am active-duty Air Force and want to transition to the foreign service. I have 15 years in, and I am currently eligible for an early retirement from the federal government that would average about $2,300 per month. Can you tell me how the buyback system works if I were to defer my retirement and roll those years into a federal retirement package? Additionally, how would taking an active-duty retirement affect my entry level if accepted into the State Department?

Q. I have been a Postal worker since 1988. I bought back my military service. My Postal RTR detail report calculates my retirement computation date as September 13, 1982, as well as my annuity computation date. My RIF comp date is the same. My Navy service began on June 9, 1981. Is there a reason why there is a year-and-3-month discrepancy? Are there conflicting calculations that I’m not aware of? 

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