Posted on Mar 26, 2021
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A former student from many years back came to see me and asked me this question. I don't know the answer. He wants to know if he does ten years with another government agency if he will be able to retire and collect. I told him to call the V. A. and ask and he said he did but nobody could, or would answer the question.
Department of Veterans Affairs (VA)
Retirement
Finance
Posted >1 y ago
Responses: 15
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For retirement, yes. You can "buy back" your time. Basically you pay into the system to grant you the extra. Every federal agency knows how to do this, and if the VA folks he talked to were clueless, it is because he was talking to the wrong folks. He needs to talk to the HR folks at whichever agency he is considering joining.
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SSG Edward Tilton
I did that and bought back 8 years which gave me 20 with the VA. It wasn’t a lot but it helps
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For both FERS and CSRS, OPM has a whole book about it:
Complete information pertaining to military service can be found in the CSRS/FERS handbook at http://www.opm.gov/retire/pubs/handbook/C022.pdf
Complete information pertaining to military service can be found in the CSRS/FERS handbook at http://www.opm.gov/retire/pubs/handbook/C022.pdf
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You should inform your former student that they won't be able to collect a pension at 20 years like with a military retirement. They'll still have to wait till age 60 or so to retire but their ten years will still be credited towards the retirement pay.
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