Q. I am 37 and have been in the Navy 20 years. I have begun the hiring process with the U.S. Border Patrol. I am an E-8. Should I try and buy back my years in military, which should cost about $8,000? Can I defer receipt of military retirement until I retire from the Border Patrol? I am also curious about the amount of buyback. Is it based on my rate of E-8 or on the total amount I made? Due to my billet and frequent deployments, I made twice what the base pay might be. I spent a lot…
Browsing: Service credit
Q. I have 20 years of military service and receive military retirement. I’ve been in FERS for 10 years. I’ve always been told that buying back military retirement wasn’t a good idea. What steps do I need to obtain all the facts necessary to find out if it would benefit me?
Q. I was a summer employee with the Center for Military History in 1979 in Washington, D.C. I do not know how or if I can get credit for that service. I was GS-2, research assistant. How do I go about finding that info?
Q. I did 10 years active duty and just started a job as a GS position and applied to buy back my military time. I was thinking if I bought back the time, I’d only have to work 10 more as a civilian to get to the 20-year mark. My supervisor told me it doesn’t work that way and that buying back my military time was only to get more money in my annuity when I retire. So now I have to do 20 years as a civilian?
Q. I would like to know if the service computation date changes immediately once I begin buying back my time or once I payoff the time? The other question I have is about leave accrual. I know some folks that have begun paying back their deposit and they have had their SCD adjusted plus they also start accumulating leave at the SCD adjustment rate.
Q. I was medically retired at 22 years and my retired pay is tax exempt due to my disability status. If I buy back my 22 years of military service toward civil service retirement (I am a GS grade), will my retired (disability) pay be affected?
Q. I have around 13 years active Army and three years Army National Guard time total. I was a sergeant when I separated in October 2011 from the Army. I just accepted a position at the U.S. Postal Service. How much will it cost me to buy back my military time, or is it even worth it? Would that mean I now would have 13-16 years with the post office counting toward my retirement? Does buying time back do anything for your new or current pay grade in a federal job? Does it count toward leave accruals?
Q. I am receiving 90 percent Department of Veterans Affairs disability pay, plus retired reserve pay, and retiring from FERS after 10 years of civilian service and paying in for a military deposit covering 14 years of active duty (to get credited with a total of 24 years for my civil service retirement pay calculation). Will they deduct anything from either my VA disability payment or my retired reserve pay, because I am buying back the 14 years of active duty?
Q. I served 37 months of active duty in the Army from October ’74 to November ’77 and another seven years active duty in the Coast Guard from ’80 to ’87. All together I have over 10 years of active duty. Is there any chance that I can collect anything from the U.S. government? I’m 63 years old at this point.