How do I get my military deposit?
Make your payments directly to your payroll office by check, money order, or payroll deductions as directed in the military deposit payment request letter you receive. The deposit may be made in a single lump sum or installments.
Is OPM Form 71 required?
What is Form OPM 71? The types of leaves that require government employees to file Form OPM 71 include Accrued Annual Leave, Advanced Annual Leave, Restored Annual Leave, Advanced Sick Leave, Accrued Sick Leave, Compensatory Time Off, Other Paid Absence, Leave Without Pay, and Family and Medical Leave.
What is Post 56 military service deposit?
How Much Does The Military Deposit Cost? For periods of active duty service prior to 1999, your deposit will equal 3% of your base pay earned during the Post-56 military service. For active duty service performed in 1999, the deposit will be 3.25% of your military base pay earnings.
Does military service count towards FERS?
As a general rule, military service in the Armed Forces of the United States is creditable for Federal retirement purposes if it was active service terminated under honorable conditions, and performed prior to separation from civilian service for retirement.
What is a OPM Form 71?
An OPM-71 form is used by the United States Office of Personnel Management. This form is known as a Request for Leave or Approved Absence.
How do I get my military retirement pay waiver?
You can “fax” your request to 1 (800) 469-6559. Suggested wording for your request is as follows: “I (Full Name and Military Serial Number) hereby waive my military retired pay for Civil Service Retirement or Federal Employees Retirement System purposes effective (The day before your annuity begins).
Is military service considered federal service?
No. Military members are not considered federal employees. Federal Employee IS what all Civil Service, Armed Serveice, and Uniformed Service members are.