FERS Redeposit Service (Refunded Service)
What Is FERS redeposit service?
A redeposit is the service in which you contributed to the retirement fund
and later received a refund of those contributions.
A refund covering a period of service for which FERS deductions were
withheld is not creditable for any retirement purpose. It is not possible to
repay the refund to reestablish credit for the service.
However, payment may be made for a refund that occurred prior to FERS
coverage. If the service is credited under FERS rules, the employee must pay a
deposit of 1.3 percent of the basic pay received during the period of refunded
service, plus interest. However, if the service is part of a CSRS component,
then CSRS redeposit rules apply.
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