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+--- Thread: SCD 9/23/2003 (/showthread.php?tid=12134)
SCD 9/23/2003 - ordnance11 - 07-10-2015
In bureaucratic terms, that's the official date I entered government service. It took 4 years to achieve it, but I will have 12 years of government service officially on 9/23/2015. And that's a neat trick considering I became a government civil servant on 8/30/2010. So How did I achieve this little trick? A program for buying back your military time. You send the documentation to a government agency. They decide how much to pay back to all or part of it. The amount I have to pay back for all of it was pretty hefty. It took me 3 years to pay it off, a year to wade through the bureaucracy to set it up and another year to browbeat the HR department to finish it. So I can retire at 20 years in in 2023 or 30 years on 2033, instead of 2040. Yay!
__________________
Into terror!, Into valour!
Charge ahead! No! Never turn
Yes, it's into the fire we fly
And the devil will burn!
- Scarlett Pimpernell
- robkelk - 07-10-2015
Smart move, assuming US civil service pensions work like Canadian civil service pensions (and from your description I suspect they do).
--
Rob Kelk
"Governments have no right to question the loyalty of those who oppose
them. Adversaries remain citizens of the same state, common subjects of
the same sovereign, servants of the same law."
- Michael Ignatieff, addressing Stanford University in 2012
- ordnance11 - 07-10-2015
http://www.opm.gov/retirement-services ... formation/
I'm going to have to attend a breifing one of these days about it.
__________________
Into terror!, Into valour!
Charge ahead! No! Never turn
Yes, it's into the fire we fly
And the devil will burn!
- Scarlett Pimpernell
- robkelk - 07-11-2015
(nods) Almost on par with the Canadian version, if I've done the math right. However, I suspect either of us will be doing better than anyone else on the forums.
Definitely take that briefing, so you know how much extra you'll have to set aside for the lifestyle you want after you retire.
--
Rob Kelk
"Governments have no right to question the loyalty of those who oppose
them. Adversaries remain citizens of the same state, common subjects of
the same sovereign, servants of the same law."
- Michael Ignatieff, addressing Stanford University in 2012
- ordnance11 - 08-04-2015
Okay. attended the meeting. One take away I got. 1 out of 8 FERS ended up being millionaires. New goal. Let's see if I can do it.
__________________
Into terror!, Into valour!
Charge ahead! No! Never turn
Yes, it's into the fire we fly
And the devil will burn!
- Scarlett Pimpernell