Browsing: military buyback

Q. I am a 38-year-old licensed medical professional for the VA with 17 years of service (10 years in VA/seven years bought back for the military service credit). A medical position in the Bureau of Prisons has been offered to me. Will my 17 years count toward law enforcement retirement? Will I have to buy back a portion of my creditable service time to equal the law enforcement percentage? Will I be able to retire at the 25-year mark under law enforcement? Is there an age waiver that will need to be completed allowing me to transfer to the bureau…

Q. I am a federal firefighter in a supervisory forestry technician position. My service date is Feb. 28, 1997, for leave. Before I joined the federal fire service (I have the required three years of primary fire service), I was in the regular Army for approximately four years. Under FERS special LEO/FF retirement, I am eligible to retire with 20 years at 50 or 25 years at any age. Will my military service count toward the computation of my 25 years at any age?

Q. I have been misinformed about the buyback program. Before attending a military benefits/buyback briefing, I had been told that once I decided to buy back my military time, my monthly military retirement pension would immediately stop. That is the only reason I did not buy it back sooner. For clarification, if I buy back my 22 years of military service, will I continue to receive my monthly military retirement pension until I am eligible to retire from federal employment? And on the day I am eligible and retire from federal employment, am I required at that time to waive…

Q. My service computation date is Dec. 1, 1990, and I am 45 and a Customs and Border Protection officer. I bought back my military time, and as of 2008, we are considered law enforcement and have a better retirement. I will have 30 years’ government time and be 52 in seven years. Can I retire when I have 30 years in government, or do I have to wait till I am 56 and 9 months? Am I eligible for the Social Security supplement, and if so, when?

Q. I am a new civil employee. I received an early-out due to force reduction. I am a 50 percent disability veteran I paid the severance pay to the Veterans Affairs Department before I could receive compensation. Now I want buy back my military time toward federal retirement. Is the severance pay included in my total earnings during my active duty? If so, is severance pay deducted from the amount to buy back time, since it was paid to the VA?

Q. I work for the federal Bureau of Prisons under FERS. I have eight years of active military paid for and five years’ civilian service. If I resign my position, will I be eligible to collect a deferred annuity at 57, my MRA, with the 5 percent penalty, because that will be more than 10 years’ government service combined, or will I have to wait till age 62?

Q. I am a 67-year-old military retiree. I retired in 1988 with 21 years of active-duty service. I draw a 40 percent VA disability, although I have three more claims, which may increase my percentage. I am also employed by the FAA as an FG-13, step 2 with five years of service. I am considering buying back my 21 years of active-duty service using a payment plan. Because of using a payment plan, I won’t have the 21 years bought back until approximately one year before my planned retirement from the FAA. 1) Will I continue to draw my military…

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