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Most military retirees are barred from receiving credit toward a civilian annuity unless they waive their military retired pay.
To combine your military service with your civilian service, you must waive your military retired pay. You will also have to pay the post-56 military deposit. In some cases, this may result in a higher total benefit than continuing to receive a separate military pension and a CSRS or FERS annuity.
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.
If you are receiving reserve military retirement, you can keep your reserve retirement pay and your FERS retirement benefits. This means you can double dip, receiving both types of retirement benefits.
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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People also ask

The formula for how much the buyback will cost you would be the total amount of base pay received while in the military and not contributing to retirement, and multiplying this by 3% if in FERS, or 7% if in CSRS.
This is known as double-dipping. In other words, if you opt for a buy back to count your military service toward your federal retirement, you cant double dip by receiving a military pension from the government for that same duration of military service.
If you are receiving military retired pay, it does not impact your Federal Disability Retirement, but you will not be able to buy back your military years if you are receiving military retired pay.

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