Military Buy Back and Your Future Annuity

At my minimum retirement age, I will have 29 years and I am eligible to buy back some military time. If I buy back the time, will it count towards the 30 years needed at MRA to be eligible for the special retirement supplement?

Q: In the Special Retirement Supplement article you state that military buy back time is not used in computing the SRS. What about military buy back time in acquiring 30 years at MRA to get SRS? At my MRA, I will have 29 years and I am eligible to buy back some military time. If I buy back the time, will it count towards the 30 years needed at MRA to be eligible for the SRS?

A: Military time for which a deposit has been made will count for the 30 years of service for the purpose of retirement eligibility and retirement computation. They simply do not count in the computation of the supplement.

Agencies can request to have John Grobe, or another of Federal Career Experts' qualified instructors, deliver a retirement or transition seminar to their employees. FCE instructors are not financial advisers and will not sell or recommend financial products to class participants. Agency Benefits Officers can contact John Grobe at johnfgrobe@comcast.net to discuss schedules and costs.

About the Author

John Grobe is President of Federal Career Experts, a firm that provides pre-retirement training and seminars to a wide variety of federal agencies. FCE’s instructors are all retired federal retirement specialists who educate class participants on the ins and outs of federal retirement and benefits; there is never an attempt to influence participants to invest a certain way, or to purchase any financial products. John and FCE specialize in retirement for special category employees, such as law enforcement officers.