Q. I was honorably discharged from the Air Force in September 1992 under the Voluntary Separation Incentive program. I had 16½ years of service. I have received VSI payments each year since, and am due about 12 more payments. In May 2000, I went to work for the Department of Labor under FERS. At the end of this year, I will have 13½ years of civilian service. I will also be 56 years old, my minimum retirement age, by the end of the year. Can I buy back my military time and retire at the end of the year with…
Browsing: Military service deposits
Q. I am a 27-year FERS letter carrier with five years of military service for 32 years total. I’ll reach my minimum retirement age in 2016. I am 53 years old. Can I retire now? If so, how?
Q. I am a federal law enforcement employee in the last few years of my federal service before retirement. I am mobilized under Title 10 in the reserves. Is my high-3 calculated upon the salary I would have received had I stayed employed continually as a federal employee or at the military salary that I buy the federal retirement back at? Worded another way, do they strictly calculate the pension on federal salary? I am mobilized more than six months in a calendar year.
Q. I receive military retirement pay for 21 years of service in the Air Force. I started working a job as a federal civilian employee (GS-9, Step 1) two months ago. I have not bought back my military time yet. I am 41. If I continue to work as a federal civilian for another 20 years and buy back my military service, it would give me 40 years. Does my combined retirement/annuity add up to more than if I wouldn’t buy back my military time, keeping my separate military retirement check and my separate FERS annuity check?
Q. I’m 50 years old. I served four years in the Air Force and 26 years with the Veterans Affairs Department under FERS. If I buy back my military time, what age could I retire?
Q. I retired June 30 with 45 years and six months of creditable service that included four years of military time (which was not repaid). I receive service-connected disability pay that was incurred during wartime on active duty. On my Form 2801, Schedule A, military retired pay (Schedule B), I checked no to waive my retirement benefits to receive credit for military service. Will I receive all of the excess contributions I made to CSRS from when I surpassed the maximum of 41 years and 11 months to when I retired June 30, which is a total of three years…
Q. I am a Navy reservist with over 12 years of active military service. As I understand it, under the 2012 National Defense Authorization Act (retroactive to January 2008), any active-duty service over 90 days in one calendar year allows reserve retirement 90 days earlier than age 60. With over four years of active service since 2008, it appears I can retire from the military at age 56. I’ve been offered a GS job, under which I understand I can convert my active-duty time into FERS. If I elect to retire from the military at age 56, will this affect…
Q. Can I be terminated and denied my retirement if I decide to use all of my sick time (400+ hours) while waiting for my retirement package to go through? A very stressful situation arose before a day off and I do not wish to return to work at the Postal Service. I am under FERS. I have 10 years with the Postal Service in Cleveland as an electronic tech and 7½ years of credited military service.
Q. I receive Veterans Affairs Department disability pay, I am entitled to receive military retirement pay at age 60, and I may be retiring from the post office soon either by medical disability or voluntary early retirement. Can I receive all three pays concurrently?
Q. I have 20½ years of service — 17¼ under 6c (currently serving) and 7½ years of military that I bought back; 28 years total. If my agency gets Voluntary Early Retirement Authority, when would I be eligible for the special retirement supplement under FERS 6c?