Browsing: five-year vesting requirement

Q. I am a career conditional employee with 1½ years total civilian service time who is eligible to buy back my military time. Due to the current budget constraints, I fear that I could be subject to a reduction in force. If I buy back my time and am RIF’d prior to completing my five years of civilian service that are required to be vested in FERS, what happens to my military deposit? A. You’ll have a choice to make. You can either ask to have that money refunded to you or you can leave it in the fund. If…

Q. I am a federal employee who worked for the Navy from 2002 to 2006, then had a break in service, and have been back working as a GS employee for the Navy since June 2009. From 2004 to 2006 and June 2010 to February 2011, I was involuntarily mobilized and returned to active duty with my Marine Corps Reserve unit. Am I able to count this time toward the five-year vesting requirement for FERS? A. No, not even if you make a deposit to get credit for that time.