Military buyback counts as creditable service for FERS contribution amount?
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I am getting off of active duty after 14 years 2005-2018). If I enter federal service under FERS and buyback my active duty service with a deposit, is that time considered eligible service for a lower FERS contribution rate (ie .8% versus 4.4% for a civilian appt after 2014)?
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Private answer
I can only quote you the regulation and it is very specific. The VPA is not being ignored as during that time you paid into Social Security and that will be increasing your overall Social Security benefit. Since you were not a civilian within federal service prior to 2013, the new FERS rates apply.
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Private answer
Unfortunately not because what determines whether you are FERS, FERS RAE or FERS FRAE is when you began your first federal civilian position, which in your case would be 2018, which means you would fall under the FERS FRAE rules. By making the military service deposit, you will be adding creditable service time for retirement eligibility and computation purposes.
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