Reinstatement and pension

0

Q. I was furloughed last year with 8 months to go before being fully vested in my pension. My contributions were refunded to me. My question is twofold. If I return to public (nonmilitary service), would I be eligible for a pension after 8 months as if I never left? Am I entitled to have the contributions made by the government returned to my pension account that accrued during my prior employment that was lost to me when I was furloughed?

A. What you are really asking is if you would be vested in the retirement system, which takes 5 years of actual service. The answer is yes, but only if you were to redeposit the amount that was refund to you when you left.

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