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Frequently Asked Questions

Should I "buy back" my military time to have it count towards retirement?

CSRS FERS Calculators and Free Retirement Savings GAP Analys...
I am in a pickle, I need to know for sure that if I want to count my military time toward my federal retirement do I need to buy it back or not? I have had conflicting reports on this matter, from if you do not plan on drawing social security you do not need to buy it back to you can count your military time toward a CSRS retirement with out having to pay it back until you reach social security age. See similar questions...

Will my military time count towards retirement?

United States Secret Service: Frequently Asked Questions
Employees covered under the Federal Employees Retirement System (FERS) may receive credit for post 1956 military service only if he or she deposits with the employing agency a sum equal to three percent (3%) of the military basic pay he or she earned during the period of military service, plus interest. Interest begins two years after appointment. Active duty in the military service is counted for annual leave accrual purposes. See similar questions...

Will my National Guard service count toward my military retirement benefits?

www.1-800-GO-GUARD.com | Frequently Asked Questions
Yes. Provided you can complete 20 years of total military service by age 60, including service in any branch, your Guard time will be added to your prior military service and count toward your retirement benefits. See similar questions...

Should I buy back my military time?

CSRS FERS Calculators and Free Retirement Savings GAP Analys...
For active military service from 1957 through 1977, Social Security will give you $300 credit for each calendar quarter, in addition to your actual earnings. When your service was 1978 through 2001, you will get $100 in extra credit per month. (Note: if you started your military service after Sept 7, 1980, and you served less than 24 months, you may not be eligible. Check with Social Security. See similar questions...

Should I count on Social Security for all my retirement income?

Social Security's Future - FAQs
No. Social Security was never meant to be the sole source of income in retirement. It is often said that a comfortable retirement is based on a "three-legged stool" of Social Security, pensions and savings. American workers should be saving for their retirement on a personal basis and through employer-sponsored or other retirement plans. See similar questions...

Do you count military service as work experience?

FAQs: London Business School, Programmes - FAQ's: London Bus...
Yes. As many countries require you to undertake military service, we recognise the benefits of experience gained. See similar questions...

I worked for the City before, can I buy-back my retirement time?

Human Resources - FAQ
The city has not elected to allow buy-back credit. Forms may be completed to have the time reinstated, but money value can not be reinstated. This can only be adopted through Council approval. Military Buy-Back, up to 60 months, is allowed for current employees who are employed at least 5 years, and who have not previously retired from military service. See similar questions...

How do I understand Military Time?

Any Soldier Inc. Frequently Asked Questions - and maybe some...
noon, it is 1200hrs (twelve hundred hours), dinner time is (6PM for you) 1800hrs (eighteen hundred hours). The minutes are just added on, so you finished dinner at 6:45PM, the military did it at "eighteen forty-five hours". No, it is not illegal, it simply won't go anywhere, the postal service just won't accept the package. This is not the postal service's fault, they won't have anybody to give it to as the DOD won't support the program. This is very understandable if you think about it. See similar questions...

Bob Q: Should I buy back my military time?

CSRS FERS Calculators and Free Retirement Savings GAP Analys...
Would it benefit me to buy back my military time after serving eight and a half years active duty? I began federal employment 11/2/03. If they have any problem calculating the exact amount you have to pay, tell them they can use the FedBens.com calculators, which has a very fine, easy to use calculator for military deposits. (Ed. note: the online calculators are free for personal use, but the personnel office should buy a proper high-usage license). See similar questions...

If I am in the military can you still help me with retirement planning?

The Advisory Firm of Katherine L. Brown, LLC
Many of our clients are military personnel. We help plan for retirement by using pension calculations, household expenses, cost of living increases, spousal benefits, and current investment savings to paint a picture of and estimate what needs to be done to plan for retirement. See similar questions...

Are Retirement Living Communities rental properties or do you buy them?

Senior Lifestyle Corporation | Frequently Asked Questions
Typically a Senior Lifestyle Corporation community is a rental community with a month-to-month lease; however, some communities have residents purchase a home or participate in an endowment or "buy-in" program. See similar questions...

Can I get credit for my military service towards my retirement benefit?

Wisconsin DETF - Wisconsin Retirement System FAQ's
If you meet all eligibility criteria you may be eligible to receive WRS creditable service for up to 4 years of active military service. A Military Service Credit brochure is available that provides detailed information about eligibility for military service credit in the WRS. See similar questions...

If I have military service may I purchase my military service in Firefighters' Retirement System?

Firefighters Retirement System of Louisiana
Yes. If you have served in any branch of the United States military you may be eligible to purchase up to four (4) years of military service credit in FRS. In order to purchase your military service you must have been “honorably” discharged. (Please complete an Application for Purchase of Military Service Credit). (See forms) Board Members ] [ Our Staff Members ] [ Publications ] [ Handbook ] [ Benefits ] [ Finance ] [ Investment ] [ FAQs ] See similar questions...

Do Military Science courses count toward graduation?

Lock Haven University Army ROTC
Your Military Science credits will count toward your total hours for graduation, but will not take the place of any required courses. They do consider Military Science Courses as electives though. You will also be granted up to 50% of your health/fitness requirement through completion of ROTC. See similar questions...

Are credits in the beginning permissible and do they count against the credit time limit?

The 48 Hour Film Project: Frequently Asked Questions
Opening credits are allowed and do not count against the credit time limit. However, they do count against the seven minutes of film. Remember, the audience is here to watch, not read. See similar questions...

How should I count odd time signatures?

Frequently Asked Questions
Odd time is generally considered time signatures other than the usual 4 beats, 3 beats, or 2 beats to a measure. In other words 4/4, 3/4, and 2/4 would NOT be considered odd time. Time signatures with 5 beats, 7 beats, 11 beats, etc. to a measure ARE considered odd time. This may serve as a general rule of thumb. Most Western music (i.e. music coming from the European tradition) is played with 4, 3, or 2 beats (or counts) to a measure. Anything else is unusual, or ODD. See similar questions...

The hands-on assignments take up lots of time. How come they don't count for more of my grade?

Frequently Asked Questions
College is rigorous – even more so at a highly ranked school like BC. Anyone who thinks a challenging course won't take several hours each week in assignment & reading work should not be at Boston College. Any student concerned that they may struggle with the assignments should start early and see me before work is due (not on the due date). See similar questions...

Can my leave time be used towards retirement?

FAQs for Active Members
Under ERS a member may use their leave balances towards retirement if Forfeited annual, Forfeited sick, and accumulated sick add up to at least 120 days (960 hours). However, this time is only creditable to your account once certified by your department at retirement. See similar questions...

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