Q: My question is about how or if the years served at a service academy (the Air Force Academy, in my case) may be credited as years of active-duty service upon active-duty retirement. I understand that those years may be “bought back” if I am counting those years toward a civilian federal retirement under the Federal Employees Retirement System, but what about active-duty military retirement? May those years be bought back? A: A deposit into the civilian retirement system may be made to get credit for time spent at one of the military academies. Similarly, a deposit may be made…
Browsing: military retirement
Q: I’m confused by what I’m reading regarding forfeiting military retirement pay. In some cases, your answer states the individual will not lose his military retirement pay if he buys back the time. Other answers say that the individual must waive his military retirement. Do only the 20-year active-duty retirees forfeit military retirement pay? I’m a reservist who will retire in three years at my 20-year total service mark, 11 of which were active duty. I’ve been offered a GS position that I am considering. I would like to receive credit for those 11 years, and it appears that my…
Q: I am a Federal Firefighter. I was hired in 1986 and will retire under the Federal Employees Retirement System. My question revolves around my active-duty military service deposit to the federal retirement fund. Since I have made this deposit and am in good standing to receive compensation for this time; my question is; can I apply it to help determine the length of my service in order to fulfill the 25-year requirement? As a federal firefighter, I am subject to the special retirement for law enforcement officers, firefighters and air traffic control personnel. I cannot get a consistent or…