CSRS Deposit Service
(Non-Deduction Service)
What is CSRS deposit service?
Deposit service (also called "non-deduction service") is the period of
service during which retirement contributions were not withheld from your
salary. Some examples could include temporary time, or time while working
on an intermittent work schedule.
As a CSRS employee, paying the deposit is a personal choice and its effect is
dependent upon when the service was performed.
The cost of the deposit is the amount of retirement deductions that would
have been taken from your salary had you been covered by the CSRS retirement
system, plus interest. (Click here to view
the interest rate
chart).
How is CSRS deposit service treated for eligibility and annuity
calculation?
|
Service
Peformed... |
Deposit NOT
Paid |
Deposit
Paid |
|
Before October 1,
1982 |
Service creditable towards both
eligiblity and annuity compu-tation. Annuity reduced by 10% of total deposit
owed. |
Credit for eligibility and annuity
computation. |
|
On or after October 1,
1982 |
Credit for eligibility, but not credit
for anuuity computation. |
Credit for eligibility and annuity
computation |
How is a deposit made?
Your application to make a deposit (Standard Form 2803 - Application to Make
Deposit or Redeposit, CSRS) must be filed with your current personnel office.
They will estimate the amount you actually owe and explain further how your
future retirement benefits may be affected. Click here to view
Procedures for
Making a CSRS Deposit / Redeposit
| 
Overview - CSRS
