Readers' Comments
Total Comments: 10
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Deposits and Redeposits of Retirement Money for FERS Employees
Total Comments: 10
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| F | $12.0825 | +0.0671 | +1.28% |
| C | $14.4683 | -0.2624 | -12.63% |
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| Close | Change | YTD | |
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| L Income | $13.3733 | -0.0398 | -0.72% |
Needs More Info.
Leg. Branch Agency
Mon Apr 28, 2008 9:27 AM
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This article was poorly written. It did not provide enough background to be useful.
Military Deposits into FERS
Dept of Veterans Affairs
Mon Apr 28, 2008 9:43 AM
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How does the military deposit into FERS effect retirement, and what is the process? Will this effect my MRA? What is the cost?
Re: Military Deposits into FERS
DOD - Title 32 (National Guard)
Tue Apr 29, 2008 1:02 PM
Deposits and redeposits
U.S. Marine Corps
Mon Apr 28, 2008 10:14 AM
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(FERS) I had to redeposit after finding out from a pre-retirement class, I was in my 22nd year of working, it needs to be told to employees with the first start working as temps. I had to pay back roughly $800, most of it was interest, in the class they said I had a few option, let them take it out when I retire, payback now, or work and extra year.
Deposits
US Army Corps of Engineers
Tue Apr 29, 2008 8:52 AM
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I plan to retire this year and I recently found out that I have an unpaid pre-1982 CSRS deposit of about $3,500 and that my annuity will be reduced by about $350 per year if I do not pay it. I have read several of your articles, however, I have not seen the answers to my questions: If I choose to pay this - how do I do it? When is the last opportunity to pay it. Thanks.
Re: Deposits
Federal Career Experts
Wed Apr 30, 2008 11:56 AM
You must pay it before OPM finalizes you annuity. It's actually better to pay it back before your last day.
FERS Redeposit
Veterans Affairs
Wed May 14, 2008 11:50 AM
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Is there any way they will change the law for FERS redeposit? It sure would be a blessing if they would. When I cashed mine out, I was not informed of the consequences. Thank you.
FERS payback
DOD
Fri Jun 20, 2008 8:47 AM
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I worked 5 years between 89 and 94, quit then came back gov. in 99. I don't remember a payout and can-not find out through EBIS or any web sites whether I need to "pay back" any amount. Can I find this information on-line if I cashed it out when I quit? I'd rather pay it now then in 10 years. Thanks.
FERS rights to redeposit money
DHS
Mon Jul 7, 2008 8:44 AM
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I feel that FERS should have the option to redeposit money to their retirement same as CSRS had.
When I left the government no one explained that I should leave my FERS alone. I was just sent a package with a lot of papers and told to sign where there were "X"s and return the package to headquarters. I had 12 years of service in and if I had an HR person to explain everything to me then I would have left my retirement alone. Now I'm starting all over and I won't be able to work long enough to get my 20 years in.