Q. I am 60 and have 18 years of FERS service. Also, I have been an Army reservist for 25 good years, with two years of active-duty time, and about 2,200 points, of which about 720 are from active duty. 1. Could I buy back military time that would bring me up to 20 years of FERS service so I could retire now, instead of waiting for age 62? 2. If I buy the two years back, I would still have more than 20 years for an Army Reserve pension. Must I waive the whole thing, or just the pay…
Browsing: military reserve
Q. I am a retired reservist receiving retirement reservist pay. I am also a FERS employee getting ready to retire. I’ve already paid the FERS deposit for two years of active military service. I also have DD-214s for four months of basic training and nine months of active service for attending the transportation officer in residence school. I need to know 1) can I pay a deposit for these two periods? 2) most importantly, will this reduce my reserve retirement? 3) must I sign a military retirement pay letter, even though I assuredly do not wish to waive my reserve…
Q. I have 24 years of reserve military service (Army, not National Guard). I have not retired. I have never been deployed, nor have I been activated for more than 90 consecutive days. I work for the Department of Veterans Affairs, and upon hire, I was told by human resources that there is a formula to determine how much reserve time I can buy back. The representative said it would be either 4 to 1 or 6 to 1 (every 4/6 years reserves will equal 1 year of buyback-eligible time). I transferred stations and went to my current HR and…
Q. I’m in FERS and have bought back my 10 years’ active-duty military time from Army and Marine Corps service. I have 26 years’ reserve time and retired from reserve service in 2009. I’m 50 and won’t start collecting reserve retirement until I am 60. Will I have to waive my reserve retirement if I retire from civilian service before age 60 or once I retire from federal civil service?
Q. I got the gist of how this works — however, I did not see this. As a reservist and able to go on deployments (active-duty mobilization) or take orders (active duty, then drop back to reserve status), as a reservist I can rack up a good 15 years’ worth of active-duty points toward my reserve retirement. How many of those years can I buy back in the federal retirement system without affecting my reserve retirement? Can I go as high as 19 active-duty years and ride out with a reserve retirement and buy back 19 years? A. You may…
Q. I was hired in 1993 by the federal government under FERS. I made a military deposit for more than 10 years I served in the Army. I then joined the National Guard in 1995. I then transferred to the Army Reserve in 2000. In 2002, I was mobilized for 12 months (title 10) for Operation Noble Eagle. I returned to work. Then, in November 2004, I was mobilized again (title 10) for more than four years, I returned to work and made a deposit on that time. Then, in September 2009, I was mobilized again (title 10), and then…
Q. I’m under a federal employee retirement system with a mandatory retirement age of 57 as a law enforcement officer. Additionally, I already bought back approximately four years of active military service. I’m also eligible for a military reserve retirement when I turn 60 after completing 20 years of military reserve service. Would I be eligible to draw retirement benefits under FERS and the military reserve even though I have already bought back my active-duty time? A. Yes.