The Treasury Department has announced that the interest rate charged on payments needed to capture credit for service toward federal retirement benefits in certain situations will remain 1.375 percent in 2022.

The rate applies to deposits and redeposits into the federal employee retirement fund to get credit for service for which no retirement contributions were taken or for which refunds were received at a break in service. It applies as well as for payments to capture credit toward federal retirement for military service time.


The figure also is the interest rate paid on “voluntary contribution” retirement savings program, which allows CSRS (but not FERS) employees to set aside money in tax-deferred accounts that can be withdrawn as a lump-sum or turned into additional annuity payments at retirement.

Impact of Vaccine Mandate for Feds to Be Felt Soon; VA Potential Bellweather

Guidance Issued on Leave Entitlements for Vaccination (August 2021)

Side Effects of Vaccination to Be Covered under FECA

CBO Projects Low Use of Buyouts at DoD

New Guidance Issued on Vaccine Documentation, Privacy, Other Policies

2021 Federal Employees Handbook