Q. I am a retired military rehired annuitant with the Internal Revenue Service. I retired from the Department of Agriculture with 29 years and seven months under restructuring with no penalties. My time was made up of 20 years and one week of military (waived military retirement) and nine years, six months and three weeks of civil service time for a total of 29 years and seven months. I am being told that I cannot receive benefits from my military time in the form of leave or service computation date, but they can use it to offset my current salary. …
Browsing: Military service deposits
Q. 1. If I have previously “bought back” active-duty time, believing I would continue in the civil service system, and later qualify for an active-duty retirement utilizing the time bought back plus additional active-duty time accrued to equal 20 years, will the buyback amount I paid be refunded to me? 2. If I am later eligible to retire from federal employment based on total years in civil service (say, 20 years), am I required at that time to waive my military pension to have my military and civilian time recomputed to receive the combined total federal service time toward my…
Q. I am a GS 1811, injured in the line of duty in 2002. I have been collecting workers’ compensation for the past 12 years. Prior to my injury, I had 12 years 1811 time. I bought back all of my active-duty military time back (6.8 years). I am in FERS. I know that, as an 1811, my annual pension is 1.7 percent. Does my time on workers’ compensation also count toward 1811 time? I know my military time is calculated at 1.0 percent. Assuming that the compensation counts toward government service, I would have 24 years at 1.7 percent…
Q. I am a 58-year-old retired Army officer (1977-1997) with 20 years of active service and have collected monthly retirement pay since 1997. I then worked 16 years in the civilian sector, paying into Social security. I have recently been selected as a foreign service officer and expect to start federal service again this year. I will face mandatory retirement at age 65 (2020). What is the best option for me as far as retirement planning goes? Should I convert my military pension? Do I forfeit my retirement pay while I work for State Department?
Q. I worked in CSRS from 1972 to 1988 and returned in May 1990 as a CSRS Offset. I was a reservist on active duty from March 1991 to March 1992 during Desert Storm. I also have been drawing Social Security since May 2006. My husband passed away in September 2008, and I am receiving the survivor benefit. I want to retire this year, and I have no idea what I will receive. I think my total Social Security is about 27 or 28 years for paying.
Q. I was active Army for two years and Army Reserve for 14 years. I bought back the two years. Can I also compute and buy back the annual active training including service/months in schools? If so, do I have to show orders and honorable discharge from the Reserve? I am a civilian employee for the Defense Department with 13 years of actual employment.
Q. I have been employed in civil service for almost three years now. I am still in the process of paying for my military buyback. I had signed up for the funds to be taken directly from my pay. It took almost a year to receive all of the forms for starting my buyback. I am about to reach the three-year point when interest will be applied to the remaining balance. I am buying back more than 11 years of military service, so it is a significant amount, and I would like to send in a check to cover most…
Q. The situation is this: * 14 years active duty (and have paid deposit) * Six more years of civil service, then left without receiving a rebate on retirement contributions * FERS calculator says I could draw retirement at age 60 with a total of 20 years (14 + 6) of creditable service * I continue to serve in the Reserve and will draw a Reserve retirement at age 60, as well Will I be eligible to draw both retirements, with no relationship between them or reduction to FERS retirement after military retirement pay begins?
Q. I have four years of active-duty time and four years of reserve time, as well. Am I able to buy back this time for retirement?
Q. I’m 55, with 29 years of federal service, of which only 16 is creditable to retirement under FERS because I have never repaid my active-duty time. I am being separated due to medical reasons. I have retired on the reserve side, and so can’t remain on the civil service side. I have applied for priority placement within the local commuting area but have not received an appointment. Am I eligible for, and at what point will I receive severance pay? According to personnel, I can’t receive retirement until 62, unless I repay the active-duty time. Note: My letter stated…