Buying back military time


Q. I have 24 years with the Department of Defense and had 9½ years in the Navy that I didn’t buy back. I plan on retiring in seven years when I’m 62, which will give me 31 years, not counting my Navy time. Should I buy back my military time, which is at $8,100 right now, or will it not increase my retirement enough to buy it back for what I will get out of it?

A. Making the deposit would increase your civilian annuity by roughly 10.5 percent. It’s up to you to decide if that’s a good idea.


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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

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