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Home | Creditable Service -CSRS | CSRS: Deciding Whether to Waive Military Retired Pay

CSRS: Deciding Whether to Waive Military Retired Pay

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Type of Military Retired Pay

Choices

Effect on Annuity

Awarded on account of service-connected disability which was:

 

1.  Incurred in combat with an enemy of the United States; or

 

2.  Caused by an instrumentality of war and incurred in the line of duty during a period of war.

A waiver of military retired pay is not required.

The years of military service will be used in computing the CSRS annuity (subject to CSRS military deposit rules).  A waiver of military retired pay is not required.
Awarded under provisions of sections 12731 through 12739 of chapter 1223, title 10, U.S. Code which grants retired pay to members of reserve components who meet age and service requirements.

A waiver of military retired pay is not required.

The years of military service will be used in computing the CSRS annuity (subject to CSRS military deposit rules). 

Other types of military retired pay.

Waiving military

retired pay

 

 

 

 

 

 

Not waiving military

retired pay

All creditable military service will be used in computing CSRS annuity (subject to CSRS military deposit rules).

 

Any military service used to compute military retired pay will not be used to compute the CSRS annuity.

As a CSRS employee, you cannot receive credit for any military service if you receive military retired pay unless you were awarded the retired pay under the following circumstances:

  1. on account of a service-connected disability either incurred in combat with an enemy of the United States or caused by an instrumentality of war and incurred in the line of duty during a period of war,
  2. under the provisions of Chapter 67, Title 10, U.S.C. (pertaining to retirement from a reserve component of the Armed Forces).

In these cases, a waiver of military retired pay is not required,  The years of military service will be used in computing the CSRS annuity (subject to CSRS military deposit rules). 

Waiving your retired military pay for credit

If you are an employee receiving military retired pay that bars credit for military service, you may elect to waive the retired pay and have the military service added to your civilian service in computing the annuity.



·  CSRS: Military Service Credit (Military Service "Buy-Back")


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Read articles written by federal benefits expert and Certified Financial Planner, Edward Zurndorfer