Q. I am 64 with 3½ years in the Federal Employees Retirement System. I realize I need five years in FERS to qualify for a FERS pension. I bought back two years of military service time. Do these two years, added to the 3½ years in FERS, allow me to retire with a FERS pension?
A. No, they don’t. You need to have five years of actual FERS service to be eligible for an annuity.