Tuesday, January 21, 2014

Military Deposit for Retirement Credit: Text from recent OPM webcast stream. Excellent Information

Article Title: Military Deposits
Snippet of Article: "... the payments for the military deposit have to be made to the agency and they can be done in a lump sum or installments, and again, I will be harping on this -- because this has to be made at the agency, you cannot walk in the month before retirement and expect to do installments on a military deposit. It will not work out. If you are moving into retirement, or you're within six months of retirement, you will have to make a large installment, or lump sum payment, because it has to be finalized before that date...."


Source: recapd.com

[tag] Federal Employee News, Federal Civil Service, [/tag]