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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.
Buying back military time (or making a military service deposit as some call it) is basically paying a certain amount of money to add the time you had in the military to your federal service. Buying back your time often makes the most sense when you are not already receiving a military retirement/pension.
You are applying to buy back your military service time within three years of civilian service and therefore, no interest will be charged. For federal employees with more than three years of civilian employment prior to application to buy back their military service time, there may be interest charges.
If you make a deposit to have your military time transferred to your FERS time, your military benefits will not be affected. This includes items such as medical (Tri-Care), VA benefits that you may be receiving, and commissary privileges.
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.
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You are applying to buy back your military service time within three years of civilian service and therefore, no interest will be charged. For federal employees with more than three years of civilian employment prior to application to buy back their military service time, there may be interest charges.
You are applying to buy back your military service time within three years of civilian service and therefore, no interest will be charged. For federal employees with more than three years of civilian employment prior to application to buy back their military service time, there may be interest charges.
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 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.
If you make a deposit to have your military time transferred to your FERS time, your military benefits will not be affected. This includes items such as medical (Tri-Care), VA benefits that you may be receiving, and commissary privileges.

opm form 1515