Q. I have 15 years on active duty and am working toward a FERS retirement. I received a severance payment. Do I have to buy back the active-duty time or the severance pay to count the time on my present federal retirement? A. You would only have to make a deposit to the civilian retirement system to get credit for your active duty service. The severance payment is yours to keep.
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Q: According to the American Postal Workers Union, the grievance to give postal employees who took early out in 2008 and 2009 severance pay is now 15 months old. Is this going to happen? I voluntarily left, moved over for the next person, then in October 2009, they came out with the $15,000 buyout. I feel that postal employees who retired early really got the shaft. A: No one who accepts an offer to retire early is eligible for severance pay. On the other hand, what you may be asking is whether the U.S. Postal Service is going to give…