Generally 3% of your total military base pay (plus interest if you wait too long).
Fill out Form RI 20-97 and send it to your respective military branch finance center with a copy of your DD-214. military service earnings buy back estimator
If you served on active duty and now work for the federal government, "buying back" your military time is often the best investment you’ll ever make. By paying a small percentage of your military base pay into the civilian retirement system, you can add those years of service directly to your federal pension. Generally 3% of your total military base pay
📢 Veterans in Federal Service: Are You Leaving Money on the Table? By paying a small percentage of your military
Divide your Step 1 result by your Step 2 result. This tells you how many years of retirement it will take to "break even." In most cases, the buy-back pays for itself in less than 1.5 years of retirement . 🛠️ How to Get Started
Whether you're finishing up a military career or you've already transitioned to the federal civil service, "buying back" your military time can significantly boost your FERS or CSRS pension.
Note: If you've been a fed for 3+ years, add roughly 3-4% interest for every year past that window. Step 2: Estimate Your Annual Benefit