Q: I am a reservist and had 8 1/2 years of civilian federal service (under FERS) when I was recalled to active duty right after 9/11. I have been a reservist on active duty for the past 10 years and am still on leave without pay status (LWOP) with the agency I was recalled from. How long would I have to return to the agency in order to make a deposit on my 10 years of active duty? I have about 80 hours of leave on the books. Is there a certain time period that I would have to return to the agency to…
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Q: I retired from active duty military as of Sept. 25, 1993, and entered the Defense Department federal civil service Jan. 10, 1994. As of Jan. 10, 2011, I will have 17 years in federal civil service and will be 59 years old. My high-3 grade is GS-11. Is there any way I could buy back my military time, 20 years, to add to my federal civil service time to gain 20 years? For 17 years of civil service time, what would the percentage of retirement pay be? I am under the Federal Employees Retirement System. A: If you make…
Q: I was in the Air Force from May 1980 to June 1993. I took a separation incentive. I have been in Federal Employees Retirement System from 1993 to present. What do I do to get the best possible retirement pay? Buy back time? Would I have to pay back the separation incentive? I am 48 years old. A: If you want to get credit for your years of active duty service, you’ll have to make a deposit to the civilian retirement fund. In your case, that would be 3 percent of your basic military pay, not including any allowances…
Q: I need clarification of a fine point about calculating the amount of a service credit deposit for a four-month period of temporary service back in 1979 when no retirement deductions were withheld. I know that I would have to pay 1.3 percent of basic pay plus interest. My question relates to the definition of “basic pay.” Would basic pay be the pay I earned during the four months I was a temporary employee ($2,300), or would it be the annual pay rate for a person working at my grade in 1979 ($8,366)? A: The deposit would be 1.3 percent…