CSRS Redeposit Service
(Refunded Service)
What is CSRS redeposit service?
A redeposit service (also called "refunded service") is the service in
which you contributed to the CSRS retirement fund, then later separated from
federal service, and received a refund of those contributions.
If you subsequently returned to federal service, you must repay (or
"redeposit" or "refund") that money, plus any applicable interest, before the
period of time covered by the refund can be credited in the computation of your
annuity benefits. Click here to view
the interest rates
chart.
How is CSRS redeposit service treated for eligibility and
annuity calculation?
CSRS ReDeposit Service (Non-disability
retirement*)
|
Service
ended... |
Redeposit NOT
made |
Redeposit
made |
| Before October 1,
1990 |
Credit for eligibility. Credit for annuity computation (actuarilly
reduced**) |
Credit for eligibily. Credit for annuity
computation |
| After October 1,
1990 |
Credit for eligibility. NO credit for annuity
computation. |
Credit for eligibility. Credit for annuity
computation |
*For CSRS
disability retirement, unpaid redeposit service ending before or
after October 1, 1990, counts for eligibility but not for computing
the annuity.
** in this case, your CSRS monthly annuity will be actuarially reduced
by a factor based on your age at retirement. Click here to view
the CSRS
acturial factors and formula.
How is a CSRS redeposit made?
Your application to make redeposit (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 Redeposit / Deposit
| 
Overview - CSRS
