Browsing: Military service deposits

Q. I have 9 years and 10 months of active-duty military time, and 10 years of federal government time. I left the federal government 15 years ago. I was buying back my military time, but I didn’t finish paying it off before I left the federal government. Can I get the money back that I paid into buying my time since I didn’t finish, or shall I look into trying to finish paying it off? I took my annuity and rolled it over. Am I ineligible for any FERS benefits when I retire from this nonfederal job?

Q. I am a FERS employee with 31 years of federal service, and 35 years of military. However, early in my career, or should I say when I was hired, I payed for or bought back three years of active duty. Now I am ready to retire from my federal agency, and later from the reserves when I become 60 years of age. So, I know I can retire from my federal agency with the 31 years, but what about the military? Can I still retire and have the military exclude the years I purchase if I don’t get a…

Q. I am working as a civil servant after retiring from the military. If I buy back my military time (21 years), will I be eligible for the FERS Social Security supplement at my minimum retirement age of 56? I would have a total combined service of 35 years? A. Yes. However, your special retirement supplement would be based solely on your years of FERS employment. Active-duty service for which you’ve made a deposit, wouldn’t be included in that calculation.

Q. I am 65 and still working but at this time, I have not or did not buy back my military time, is there an age limit where I do not have to buy it back, or yes, if I want the extra money, I will have to buy it back? A. There isn’t an age limit on when you may make a deposit to get credit for your active-duty service. The only requirement is that you make that deposit before you retire. Note: If you are a CSRS employee who doesn’t make a deposit, you’ll still get credit for…

Q. I was hired in January 1991 at U.S. Army TACOM in Warren, Michigan, as a Desert Storm Temporary. I worked for full two years. I also was on active duty in the Marine Corps from 1982 to 1989. I was hired full time at TACOM in 2007. I was able to buy 7 years from my active-duty service for retirement purposes. Is there any way that I can purchase my Desert Storm Temp time as a GS09?

Q. I am retired Army with 22 years and nine months being paid my monthly retirement check. I retired in May 2011. I started as a GS FERS employee in February 2013. I am in a target GS 12 position, which basically means that I will be a GS 12 in February 2017. I did the DFAS Payback estimator for military time and it stated that I would owe about $18,000. My monthly retirement check right now is about $2,200 a month. I know that I will have to waive that once I retire from civilian service in order to…

Q. I am a federal employee with 21 years military service. I receive military retirement pay and a separate disability from VA. I am considering retiring in five years. If I buy my military time back now, can I keep receiving my military retirement until I retire from the federal government? Do I still receive my VA pay after federal retirement? A. The answer to both questions is yes.

Q. Is it possible to buy back military service credit even if I am not currently employed by the government? I may at some future date return to federal service, but not for several more years. My concern is that I would like to purchase my military service credit before I retire from the Army Reserve (one to two more years). My understanding is that once I retire from military service, I am no longer eligible to purchase military service credit. If it is possible to do this, who would I contact to begin the process? I was a FERS-covered…

Q. I completed nine years and 10 months of active military service. If I buy back five years of service at county government level (max allowed at county level), will I be able to buy back the remaining four years and 10 months of active service based on acquiring a federal job after county retirement?

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