Q. I was told I would have to give up my military retirement. I did 5 1/2 years active duty, then 27 years of reserves and retired in 2010 with 33 years of service. I am looking forward to receiving my military retirement in November 2018, but probably will retire from civil service next year. I bought back those 5.5 years…not really sure how this is going to work now!
A. Since you are receiving reserve retired pay, you only need to make a deposit for any active duty time if you want to get credit for it in your annuity computation. On the other hand, employees who are receiving military retired pay and want to get credit for that time in their annuity computation must not only make a deposit but also waive that pay.