Sf 3108-2025

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The document is an application form for Federal Employees Retirement System (FERS) participants to request service credit payments for civilian and military service. It includes instructions for completing the application, details on eligibility, types of service that can be credited, payment procedures, and information about interest rates on payments. The form must be completed by both the applicant and their employing agency to ensure accurate processing of retirement claims.

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How do I calculate my military buyback?

FERS Supplement and the Earnings Test Warning About FERS Supplement! The Special Supplement is subject to the Social Security Earning Test. If you decide to work after retirement, your work income may affect your FERS SRS amount. In 2024, for every $2 earned above $22,320 the FERS supplement will be reduced by $1.

What is SF 3108?

SF 3108. Application to Make Service Credit Payment (Federal Employees Retirement System)

Who is eligible for the FERS supplement?

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.

What is form 3108 used for?

You should apply to make a payment by completing a Standard Form 3108 Application to Make Service Credit/FERS. If you are within six months of retirement, you should submit your request to make the deposit or redeposit at the same time you submit your application for retirement. You can use a form or letter to do this.

What is the 5 year rule for federal employees?

You need to be enrolled in FEHB for five years before you retire, or for the entire time for which you were eligible to be enrolled, and retire on an immediate annuity to be eligible to continue coverage into retirement.

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