Ask The Experts: Retirement

By Reg Jones

Federal Reserve Bank and creditable service

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Q. I am employed by the U.S. Treasury/Office of the Comptroller of the Currency and, based on service I have had with U.S. Treasury agencies, I have 17 years worth of credit under FERS.

However, between May 2000 and May 2005, I had spent five years working for the Federal Reserve Bank of Boston. I am trying to determine if that time spent at the Federal Reserve can be credited for FERS retirement purposes.

A. Employment in a Federal Reserve Bank isn’t creditable for retirement purposes.

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