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Military time that interrupts your technician service falls under USERRA (Uniformed Services Employment and Reemployment Rights Act) and you pay the lesser of: 3% of your military basic pay or what you would have paid into FERS (0.8% for regular FERS, 3.1% for FERS-RAE and 4.4% for FERS-FRAE).
If your military deposit is paid-in-full by payroll deductions, you must request a Paid-in-Full Letter through your human resource office or customer service representative. A Remedy ticket will be submitted with the title Military Deposit Paid in Fill Letter.
The Military Buyback Program is a benefit for all veterans with active duty military service time to receive credit for their military service time to be added to their years of civil service with the government and increases their retirement annuity.
the RI 20-97 (documentation of basic. pay), the military deposit application, and the Individual Retirement Record. for submission to OPM, along with. other retirement records upon.
The first step is generally to fill out Form RI 20-97 which you will send to the appropriate military branch. This is done to get an official record of your military time and earnings. That official record is used by your HR to give an estimate of what it will cost to buy back your time.
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The Military Buyback Program is a benefit for all veterans with active duty military service time to receive credit for their military service time to be added to their years of civil service with the government and increases their retirement annuity.
Military time that interrupts your technician service falls under USERRA (Uniformed Services Employment and Reemployment Rights Act) and you pay the lesser of: 3% of your military basic pay or what you would have paid into FERS (0.8% for regular FERS, 3.1% for FERS-RAE and 4.4% for FERS-FRAE).
If your military deposit is paid-in-full by payroll deductions, you must request a Paid-in-Full Letter through your human resource office or customer service representative. A Remedy ticket will be submitted with the title Military Deposit Paid in Fill Letter.

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