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Miliary time calc7/2/2023 ![]() GET THE COMPLETE BUYBACK GUIDEĬalculate The Benefits When You Buy Back Military Timeįor those who like it short and sweet, the main benefit to buying back your time is that it can significantly increase your monthly annuity payment at retirement (in the example below, you'll see an increase of 20%). Avoid the costs of waiting, and get the ball rolling today. If it does make sense, then you'll have everything you need to complete the process, including: detailed report of military pay calculations, access to a specialist, all required forms, and final instructions for making your deposit. With these two pieces of information, it'll be clear whether buying back your time makes sense. ![]() Find out how much it will add to your pension (obtain by requesting a Buyback Blueprint™).Estimate how much your service deposit will be ( use the calculator below to find "true cost" deposit plus interest).Read on and you'll understand why making a deposit is a smart move for those who served in the Armed Forces and now serve as civilian federal employees.īefore you start to explore the benefits of buying back your time, you should do two things: Beyond just an increased pension at retirement, it can add benefits to your career almost immediately. For current federal employees with prior military service, there are a number of benefits available if you decide to buy back your time.
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