Q. I am a CSRS employee age 66 with the four years of military buy back. In August 2019 I will be maxed out at 41 years 11 months. Can I get a refund on the military buy back? And what happens to it if I work longer than the 41 years 11 months?
Browsing: Military service deposits
Q. I would like to retire at 59 from the federal government. I’m already retired from the military with 24 years. I will have 15 years fed service. Does my military service count? If not, how do get my military service to count for retirement?
Q. I retired from the Air Force with 25 years of service and am collecting an active duty (Title 10) military pension. I also have a service-connected Veterans Affairs disability for time served in Iraq. Currently, I am working for the U.S. Postal Service and contributing toward a FERS retirement. Can I buy back my active duty time for my FERS retirement? If so, can collect two pensions: FERS and Title 10?
Q. I “bought back” 7 years of active duty service time and completed an additional 15 years of National Guard service. I have retired from the National Guard. When I retire from the federal government with 27 years as a fed plus 7 years active duty, will I be able to receive both the federal retirement (34 years) and the National Guard retirement?
Q. I’m 100 percent disability rated from the Department of Veterans Affairs and have about 4 1/2 years military service. I am now a FERS employee and considering buying back my military time. If I do, will it affect my VA disability rating?
Q. I was told I would have to give up my military retirement. I did 5 1/2 years active duty, then 27 years of reserves and retired in 2010 with 33 years of service. I am looking forward to receiving my military retirement in November 2018, but probably will retire from civil service next year. I bought back those 5.5 years…not really sure how this is going to work now!
Q. What impact does USERRA have on the high-3 calculation? For instance, please consider a hypothetical situation in which a civilian employee/military reservist earned annual income from his civilian federal agency of $96,000 one year, then $98,000 the next and then is making $100,000 when called to active duty at the end of the next year. He is activated for two years, during which time the GS scale gets annual 3 percent increases across the board. He comes back and works a final year, pays his military deposit, then retires after another 3 percent increase gives him an entire year…