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 href="http://www.myfederalretirement.com/public/100.cfm">CSRS redeposit rules apply.