Tag: Military

Military Deposits: Is the Grace Period Two Years or Three?

By on February 18, 2014 in Retirement with 0 Comments

As a general rule, your military service in the Armed Forces of the United States is creditable for federal Civil Service Retirement purposes as long as certain conditions are met. There is an exception, however, which the author explains.

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Panetta Recommends Pay Cut for Military

By on February 6, 2013 in Pay & Benefits with 0 Comments

Outgoing Defense Secretary Leon Panetta has revealed that he is recommending a 1% pay increase for the military in 2014, which represents a decrease from the 1.7% pay increase that was approved in 2013.

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Military Buyback: Should I Pay the Money?

By on February 8, 2011 in Retirement with 0 Comments

A Federal employee with prior military service has the option of making a deposit into the retirement fund, in order to receive credit for this service in his annuity. Is it worthwhile for the employee to make the deposit?

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Retirement Credit for Military Service

By on October 8, 2010 in Retirement with 0 Comments

Military service is generally creditable for civilian retirement, but it must be paid for by the employee. This is referred to as “buying back” the military time, or making the “military deposit.” Sometimes it pays to buy back the time and other times it does not.

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Troops in Iraq are Heroes Say Readers

By on April 19, 2004 in Current Events with 0 Comments

Many readers wrote in to comment on Andy Rooney’s beliefs regarding American troops in Iraq. Most readers disagree with his comments.

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Pay Parity Issue Coming to a Head in Debate on 2005 Pay Raise

By on March 29, 2004 in Pay & Benefits with 0 Comments

The Congressional debate on pay parity for 2005 may reach a head this week when a vote is taken on a resolution to support (or reject) pay parity.

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Vast Majority of Readers Believe in "Pay Parity" With Military Personnel

By on March 25, 2004 in Pay & Benefits with 0 Comments

Majority of readers support “pay parity”

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Military Gets Pay 4%+ Raise Plus Housing Allowance Increase

By on December 13, 2003 in Pay & Benefits with 0 Comments

“Pay parity” between civilian and military personnel became a slogan this year for those advocating higher pay for federal civilian employees. Here is a quick summary of the 2004 military pay package.

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Feds Not Wild About Results of Recent Military Action

By on May 20, 2003 in Current Events with 0 Comments

Are you feeling more or less secure as a result of recent military actions by the United States? Here are results from the latest Fedsmith.com poll.

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Does America Need a Draft?

By on January 9, 2003 in Current Events with 0 Comments

Calls for a new military draft are designed to score political points using race and class arguments rather than creating an effective fighting force

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