Buying back academy time

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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.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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