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 to get credit for active-duty service; however, in most cases, anyone who retires from the military (not from the reserves) must waive his military retired pay when he retires from his civilian job.