Q. I have nine years of prior active-duty military service as a physician. If I took a physician’s job with the VA, could those nine years be counted toward my retirement? A. Only if you made a deposit to the retirement system to get credit for that time.
Browsing: military buyback
Q. I have completed 10 years of active-duty service and 11 years in the National Guard (I am still in the guard). I have been employed by the Department of Labor (GS12/FERS) for the last 10 years. I bought back my 10 years of active-duty service. My questions are: 1. Was I eligible to buy back my 10 years of active duty, seeing as how I can now retire from the guard? 2. If I am eligible, does that mean I have 20 years with the Department of Labor (10 active plus 10 in the department itself)? A. 1) Yes,…
Q. I have four years and 10 months of federal service and six years of active military duty. I am no longer in federal service. Can I buy my military time and qualify for a federal pension? A. No.
Q. I have 16 years of 6C (law enforcement) covered service and am 42. I bought back seven years of active-duty military time about five years ago. That gives me 23 years combined. If I work under 6C service for two more years, I will have 18 years of 6C service and 25 years total. Can I retire in two years under the provision of 25 years of service? A. No. You have to have 25 years of actual law enforcement service to retire under the special provision.
Q. I have approximately four years and four months of active duty covered by DD-214s but 18 months of active-duty time as a reservist not covered by DD-214s. Those 18 months are for not my two-week annual tours but active-duty man days, special project tours and other active duty tours of one to 30 days. I have copies of my orders for these tours. Can this time be part of my military buyback, or just the active duty time covered by DD-214s? A. To find out if that service is creditable, your agency will have to ask your branch of…
Q. I will be retiring in 2013 at my MRA, 56, with 34 years of service, 28 in the USPS and six in the military (I bought back my time). I am a FERS employee and thus will be eligible for the special retirement supplement. My OPM pension will be $2,000/month. My Social Security benefit estimate is $1,300/month. Will I receive any of those benefits? A. Having a CSRS component in your annuity won’t affect the amount of your special retirement supplement, which is paid by OPM and based on the amount of Social Security benefit you earned while a…
Q. As a postal employee under FERS for USPS for 28 years and eligible for retirement in September 2011 at age 56, am I eligible for the early supplement until age 62 or do I have to wait until age 60 with 30 years of postal service only? I have four years of creditable military service, which would make approximately 32 years for retirement purposes. A. If you are eligible for immediate retirement — your minimum retirement age plus 30 years of service — you’d receive the special retirement supplement along with your annuity. However, unless you made a deposit…
Q. If you buy back your military time, does the time count toward a 20-year retirement, or is the time only used in figuring your annuity? A. If you make a deposit to get credit for your active-duty service, it will be used in determining your length of service and in your annuity computation. Whether it will result in your being able to retire when you have 20 years of service will depend on your age. Only those who have 20 years of service when they reach age 60 can retire on an immediate unreduced annuity. However, although those who reach their…
Q. I served 23 years in the Army and retired in 1999. Sixteen years of that was spent as a special agent with Army Criminal Investigation Command, and the remaining was as a military police officer. I was hired into my current organization as a GS 1811 (law enforcement) in 2002, and, as a result of an age waiver, received primary 6(e) coverage, which allows me to do a full 20 years of 1811 service. Is there any way to get any of my past military time credited as “1811 time,” which would qualify under the 6(e) retirement system so I…
Q. I have four years and 10 months of military time in the active Army, which I have bought back. I am a FERS employee and have been since 2005. In addition to my minimum retirement age, I need 30 years FERS service for retirement eligibility with no penalty. Does my military time count toward that 30-year eligibility requirement? Or (and this is what I was previously told) must I still contribute 30 years, at which time I will get a FERS credit for 34 years, 10 months? A. Your military time, for which you made a deposit, counts for both retirement eligibility…