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Retirement Planning


Whether you are close to federal employee retirement or just starting out in your career, this is the place to share ideas with your federal colleagues on creating a secure financial foundation.


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Go saints  
#1 Posted : Tuesday, January 10, 2017 3:20:57 PM(UTC)
Go saints

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I worked for Uncle Sam for about one year in 2002. I left federal service, and received a refund of my FERS deductions. I rejoined federal service in 2009 and have been a fed since then. Am I eligible to redeposit my 2002 FERS withdrawal (previously refunded to me), to be able to claim that year of service towards meeting retirement eligibility? I searched the OPM website and can't find specifics on this, nor can I find where/how to see how much I was refunded in 2002.

Thank you.
SDAnalyst  
#2 Posted : Tuesday, January 10, 2017 3:34:57 PM(UTC)
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I would complete an SF-3108, Application to Make Service Credit Payment (FERS). https://www.opm.gov/forms/pdf_fill/sf3108.pdf

The form itself says the general rule is that if you were re-employed with FERS "on or after October 28, 2009," you CAN redeposit previously refunded FERS service. I would fill the form out and see what happens.

If you are a current Fed, form needs to go to your Agency's HR. They have to certify it and then forward to OPM. It can take about 9-10 months to get a statement from OPM as to what you owe. Once you have that, you can decide whether or not to repay it.

Edited by user Tuesday, January 10, 2017 3:39:15 PM(UTC)  | Reason: Not specified

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