Q. Will buying back military time also increase my FERS supplement?
Browsing: Military service deposits
Q. I “bought back” 7 years of active duty service time and completed an additional 15 years of National Guard service. I have retired from the National Guard. When I retire from the federal government with 27 years as a fed plus 7 years active duty, will I be able to receive both the federal retirement (34 years) and the National Guard retirement?
Q. I’m 100 percent disability rated from the Department of Veterans Affairs and have about 4 1/2 years military service. I am now a FERS employee and considering buying back my military time. If I do, will it affect my VA disability rating?
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!
Q. What impact does USERRA have on the high-3 calculation? For instance, please consider a hypothetical situation in which a civilian employee/military reservist earned annual income from his civilian federal agency of $96,000 one year, then $98,000 the next and then is making $100,000 when called to active duty at the end of the next year. He is activated for two years, during which time the GS scale gets annual 3 percent increases across the board. He comes back and works a final year, pays his military deposit, then retires after another 3 percent increase gives him an entire year…
Q. I retired not too long ago, then got a pamphlet called “Your Federal Retirement Benefits” from the Office of Personnel Management and noticed that my benefits, in part, are also based on the amount of military service I performed. They say my retirement shows: Total Fed Svc as 22 yrs, 0 month, which is correct; sick leave included is 975; military svc included in total is 00 yrs, 00 … which is incorrect. I did 23 years. Should this be corrected?
Q. I served four years as active Air Force and then joined the Air Guard. I finished with 20 years of service and can not apply for military retirement until I turn 60. After I left active duty I worked at the Veterans Administration hospital for seven years. Before I left, HR told me that if I bought my four years of active duty back and paid a fee, interest I believe they called it, I could receive a partial pension with 11 years when I turn 56. I’ve seen so many comments, some saying I can not collect both…