Q. I retired from the military after 22 years of active duty and receive a VA pension and 10 percent disability pension. Since then, I have been in the federal government for 10 years, and I hope to retire at 20 years and 62 years old. What will my retirement look like?
Browsing: Military service deposits
Q. I retired from the military with full retirement in 1995. I think I understand that I cannot buy back any military time without forfeiting retirement pay when I retire from my federal job with the post office. Since the money comes out of my pocket, I have a hard time understanding this. However, I will have 20 years of service with the post office in 2017, when I am 56. If I take retirement, then why will I have a MRA+10 reduction till age 62 if I can retire fully at 60 with 20? Why would it be 30…
Q. I’m a 55-year-old CSRS employee filing for disability retirement from the USPS. I have eight years military but have redeposited only half of what is required. Will I be able to continue making deposits while OPM reviews my case? And if not, will I get my initial deposit back in a lump sum?
Q. I am about to separate (not retire) from active duty with 20½ years of service and transfer to the Air National Guard as a military technician at GS-13. I am told that if I buy back my time, my military pension will not be affected — that I will still draw on it normally when I finally retire at whatever officer grade I achieve. I plan on staying with this unit for an additional 20 years in this position, and I am intrigued by the prospect of buying back my military time and securing a FERS retirement with 40…
Q. My military service computation date is Feb. 13, 1983, although I initially entered military service in November 1982. I have completed 30 years of military service, of which 12 years were active duty and the rest in the reserves. Additionally, I entered federal civil service in February 1992 and made my military buyback deposit to adjust my service computation date to July 1989. I am serving in the excepted service. I am considering voluntarily returning to active duty but am concerned that if I do so, the time I spend on active duty will not be counted toward my…
Q. I retired from the Army with more than 22 years of active duty. I submitted my paperwork to FBI HR to get credit for my military time on my first day of employment in October 2010. I inquired numerous times about the status of the documents but never received a satisfactory answer. Then, after more than a year of asking, I found out the HR person submitted the paperwork to an incorrect address (now November 2011). The paperwork was resubmitted by another HR person because I told them all that they submitted it incorrectly. I finally received six hours…
Q. I am a career conditional GS employee who can buy back more than 10 years of military time for FERS. I just learned you have to have five years to be vested in FERS and that this five years has to civil service. If I buy back my time and I am RIF’d prior to completing the five years, what happens to the money I paid in since I will not be eligible for FERS?
Q. I have six years and nine months of active-duty time, as well as three years of reserve time. I also have 4½ years of federal time. Is there a minimum amount I have to pay to buy back my time from active duty? I was active from 1990 to 1997.
Q. I retired from the Navy Reserve and will collect my pension when I turn 60 years old. I am also a postal worker under FERS. Will I get two pensions or will they be combined?
Q. I am retired under CSRS. I am 60. I have four years of military time that I have not paid back. I have 22 quarters of Social Security. If I start working in the private sector, I will not acquire 40 credits by my 62nd birthday. Can I still have my CSRS retirement reduced if I acquire 40 credits after my 62nd birthday?