FERS payback and pension

0

Q. I was checking for a friend who quit about four years ago. He took out his FERS and Thrift Savings Plan money. Can he pay back his FERS so he can receive a pension? He had about 14 to 15 years in.

A. He can only redeposit the refund of his FERS contributions if he returns to work in a position that confers FERS coverage.

Share.

About Author

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

Leave A Reply