Military time


Q. I have three periods of LWOP due to military deployments over the past 11 years. I am in the process of buying back my time. I have been told that my service deposit should be calculated at a lesser rate, not the standard 3 percent, due to me being a federal employee. I cannot find information regarding the lesser percentage. Can you clarify this issue and provide a reference?
A. What you were told is untrue. The interest rate has been 3 percent, plus accrued interest,  for all FERS employees making a deposit to get credit for periods of active-duty service performed before 1999 and after 2000. Between those two dates it was higher.


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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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