Q. Where can I find the guidance that states reservists are exempt from waiving their reservist military retirement check?
Browsing: Military service deposits
Q. I have recently paid off my military deposit. When will my service computation date be updated, or does that date not change?
Q. I started working for the General Services Administration in October 1985. I took my three years of military time and then added it (to my GSA time. That moves me back to 1982. Can I moved under the Federal Erroneous Retirement Coverage Corrections Act from FERS to CSRS?
Q. I am retired military, drawing Social Security. I am planning on retiring from the federal government soon. If I take all of my Thrift Savings Plan, how much will be taken out? I owe $10,000 on a TSP loan and know I should pay it off. If I pay the loan before taking money and I roll into an IRA, will my money then be tied in the IRA and I can’t use it? Also, I heard you can combine military pay with federal retirement. How does that work?
Q. I am a retired reservist (27+ years of duty). I retired in July 2012 and I am already collecting my reserve pension. I also have been working for the Department of Justice for about 10 years. I have bought back from the 27+ years of military duty approximately three years of active duty, leaving 24 years of reserve duty. I intend to retire when I hit 62 in July 2014. Can I add the remaining 24 years of reserve time to my FERS calculation when I retire? That would give me about 30 years. I was advised that under…
Q. I served seven years and eight months on active duty, am in the Air Force Reserve and have been a civil servant for the past 10 years. I am not sure if I will stay a civil servant, but if I buy back my active-duty time, I would have just over 18 years federal time to apply toward FERS. Will buying back my active-duty time for civil servant retirement affect my reserve retirement when I reach age 60? I realize I can’t draw the civil service retirement until age 57.
Q. I am a soon-to-retire air traffic controller under CSRS. Pre-1982. I started paying back my military time. It has been determined that I will never qualify for Social Security. How do I get back the monies I paid in? I stopped payment before full amount owed.
Q. I am trying to determine when my service computation date for retirement is. I am a Department of the Army employee, and I bought back six years and nine months of active-duty military time. My SCD for leave is Feb. 18, 1996 My SCD for reduction in force is Feb. 18, 1996 My SCD for total civilian service is Dec. 1, 2002 My SCD for Thrift Savings Plan is Dec. 1, 2002
Q. I would like to know how my service computation date is calculated based on the following: Date joined the military in the Delayed Entry Program: Jan. 22, 1982 Date went active duty: Aug. 25, 1982 Date left the military under the special separation benefit: Jan. 31, 1994 Date entered civilian service: May 26, 1998, to present Please advise because they are covering me under the FERS and I believe I am in the wrong retirement plan.
Q. I have 15½ years of military service and five years of government service. It will cost me $8,300 to buy back my military time. I just turned 50 this month. What are the advantages and disadvantages of buying my time back? How would this affect me in a reduction in force?