Ask The Experts: Retirement

By Reg Jones

FERS vesting

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Q. I had three years of federal service from May 2010 to June 2013, and left federal service. I also had four years of military service time, which I bought back. I have recently been hi ed for a part-time position with the federal government. If I work two years of part-time service, will I meet the five-year vesting requirement for FERS retirement? Also, will the two years of part-time federal service only count as one year toward the annuity calculation?

A. If you had five years of actual calendar-time service, you would be vested in the retirement system. When you retired, your benefit would be prorated to account for any period of part-time service.

 

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