Q. While in service, I received a bonus to stay in active duty. I am now doing my military buyback. Is the bonus money supposed to be calculated into the amount that I have to pay back?
Browsing: Military service deposits
Q. I’m processing my retirement application for this year. In the Application for Immediate Retirement (Form 2801), Schedule A refers to military service information. I have post-1957 military service (1976 – three years, honorable discharge) and first employed by the federal government (1966 – three years) prior to Oct. 1, 1982. I’ve read somewhere (and you also commented) that a deposit is not needed for these three years of service to be counted into my annuity computation. How do I answer Form 2801, Schedule A, 2, which asks if military service occurred after 1/1/1957 and if a deposit is made…
Q. I am a current federal worker going through management-directed reassignment and am being told that I am not entitled to severance pay because I am receiving a pension for my military service. Is that true?
Q. I am retired from the Army with 20 years of active-duty service and I have been employed with the Veterans Affairs Department for four months. Can I buy back my military time and continue to draw my retirement pay? Or am I just starting fresh at VA?
Q. I paid my military buyback last month, and the payment showed on my Leave and Earnings Statement. I understand that under new procedures, it’s necessary to have a “paid in full” letter before I can apply for retirement using that time, and that it can take up to 120 days to get the letter. Some things I’ve read also say you have to submit a request to get that letter. Is that true? If so, where do I send my request?
Q. I served 15 years and nine months active duty with the Air Force. I received an honorable discharge and $58,608 as part of an early release program special separation benefit during a reduction in force in 1994. I am considering accepting a government position and would like to know how/if my prior military service can be applied to leave accrual, as well as federal retirement?
Q. I am a GS-12 with 14 years service. I am considering the military buyback for my 20 years on active duty. I understand from reading the posts I would still receive my military retirement check until just prior to my FERS retirement. How do you stop the retirement check? The post just says you contact your service. I called DFAS customer service to ask these questions and they could not answer them. Who can provide real help and assistance?
Q. Will the Office of Personnel Management take away my supplemental annuity (pay until 62) when I start to draw my Guard pay (at 60)?
Q. I am a FERS employee and retired military. I have bought back my military time (22 years and one month), and am getting concurrent retirement and disability pay). When it comes to retirement, do I waive my CRDP or is it something else? I also get Veterans Affairs Department disability pay. When you retire with MRA+30, is you formula always 1 percent x years of service or does it change when you hit 62 (1.1 percent x years of service as your retirement amount)?
Q. I am a postal worker under FERS, 56 years old with 29 years of service. I also have four years of military time, which I bought back. Will I get penalized when I retire?