Form ri 20 97 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling out your name in block 1, including your last, first, and middle names. Ensure accuracy as this will be used for identification.
  3. In block 2, list any other names you have used to help verify your identity.
  4. Enter your Social Security Number in block 3. This is crucial for processing your request.
  5. Provide your date of birth in block 4 using the format mm/dd/yyyy.
  6. List all military service numbers in block 5 and specify your branch of service in block 6.
  7. Complete blocks 7 through 10 regarding your relationship to the person named and details about their active military service after December 31, 1956.
  8. If applicable, fill out blocks related to estimated earnings and lost time as instructed on the form.
  9. Finally, review all entries for accuracy before saving or printing the completed form for submission.

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How Much Does it Cost? The cost to buy back your time will be based on your military base pay and when you served. The chart below shows the percentage of your basic pay that youd have to pay to buy back your time during different years. For most years, it will be 3% for FERS employees.
Buying back military has some clear potential benefits, including increasing your federal retirement annuity, helping you qualify for earlier retirement, and possibly providing greater financial security.
The Pros. The main benefit of buying back time is that upon retirement, it appears that the employee worked more years than they actually did. For example, if someone worked 22-years, but buys back 3-years, then their final pension calculation uses 25-years as the basis to calculate the annual pension amount.
Yes - highly recommend. Even if you only do enough time to get ``vested - the buy back is most certainly worth the $ youll get for the extra years on the back end.
Generally, military buyback is most beneficial for individuals who have a substantial number of military service years, as adding these years could greatly increase their benefits.

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If youre receiving military disability benefits, buying back your military time does not affect your eligibility for those benefits. You can still receive both your military disability compensation and your FERS pension simultaneously, without any conflicts.
If you are receiving military retirement pay based on active-duty service, you may be eligible to combine your military service with your CSRS or FERS service to form one annuity. To combine your military service with your civilian service, you must waive your military retired pay.

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