Q: I left a Federal Reserve bank for a position in the federal government. Public Law No: 106-168 permits former Federal Reserve bank employees to receive credit in FERS if a former bank worker becomes a federal employee. Am I eligible to receive service credit for retirement in FERS for my years of service at a Federal Reserve bank? Or must my service have been with the Federal Reserve Board of Governors to qualify?
A: You would have had to be an employee of the Federal Reserve Board of Governors to qualify.