Q. Can a FERS employee with active-duty time, then Army Reserve time, then sanctioned as a USAR to retire and receive a retirement check, immediately buy back his active-duty time to count toward his civilian time? A. An employee can always make a deposit to get credit for any periods of active-duty service. If that employee receives reserve retired pay, he can receive that and his civilian retired pay without a reduction in either. If he receives military retired pay, in most cases he’ll have to waive that pay to get civilian credit for his active duty service.
Browsing: military retired pay
Q: If I buy back my military time, can I collect both military retirement and Federal Employees Retirement System benefits? My situation is this: I am 58 years old, and I started a job with the federal government Sept. 26, 2010. My prior military service consists of nine years on active duty and 14 years in the reserves. I have submitted the forms to the Defense Finance and Accounting Service and have received my cost calculation to buy back my active-duty years. I am eligible to collect my military retirement when I turn 60. I plan to continue working for…
Q: I have a military pension that just began Nov. 1 for my 20 years in the National Guard. How will this pension affect my CSRS pension from the U.S. Postal Service after 33 years of service? A: It won’t affect your CSRS annuity in any way unless your retired pay from the National Guard includes any periods of active-duty service for which you haven’t made a deposit to the civilian retirement system. If it does, those years of active duty service for which you haven’t paid a deposit will be eliminated at age 62 , if you are retired,…
Q: I just recently became employed as a GS. In reviewing my Notification of Personnel Action form (SF-50), I had a number of questions which I asked of our human resources personnel: The form indicated I have no veterans’ preference and no creditable years of military service, though I have almost 25 years of service. The response I received was that I would have to surrender my pay and purchase the years of military service if I want to have it credited for civilian service. I have no intention of doing this. I was referred to the Office of Personnel…
Q: I will soon be accepting a GS-13 position with the Department of Homeland Security. I am retired military and understand the buyback system; my question pertains to leave accrual. How will leave accrual be determined if I choose (or choose not to) to buy back my military time? Also, I have two deployments for which I received an Armed Forces Expeditionary Medal. Is that time automatically approved for leave accrual? A: Unless you make a deposit for your active-duty service and waive your military retired pay, you’d only get leave accrual credit for those periods of service when you…