Does military service count towards GS retirement? This is a question that many veterans and current federal employees often ask. The answer to this question is both straightforward and complex, as it depends on various factors including the type of military service, the length of service, and the specific circumstances of the individual. In this article, we will delve into the details of how military service is factored into the General Schedule (GS) retirement system in the United States.
The General Schedule (GS) retirement system is a defined benefit plan that provides retirement benefits to federal employees. Under this system, employees earn retirement credits based on their length of service and salary. While military service is not directly counted towards GS retirement, there are provisions in place that allow veterans to receive credit for their military service in certain circumstances.
One of the most significant ways military service can count towards GS retirement is through the Military Service Credit (MSC) program. Under this program, veterans can receive credit for their military service for up to three years, which can be added to their civilian service time. This can be particularly beneficial for veterans who have a gap in their civilian service due to military service.
To qualify for MSC, veterans must meet certain criteria, such as having been honorably discharged and having served on active duty for at least 90 days. Additionally, the military service must have occurred after September 7, 1980, and before October 1, 2013, for veterans to receive credit for their service.
Another way military service can count towards GS retirement is through the Veterans’ Employment Opportunities Act (VEOA). Under VEOA, veterans who have been separated from the military under honorable conditions and have been employed by the federal government for at least three years may be eligible to receive credit for their military service for up to five years. This credit can be added to their civilian service time, effectively reducing the number of years they need to work to be eligible for retirement benefits.
It is important to note that while military service can count towards GS retirement, it does not necessarily mean that veterans will receive the same retirement benefits as their civilian counterparts. The amount of retirement benefits a veteran receives will depend on various factors, including their military rank, length of service, and salary during their military service.
In conclusion, does military service count towards GS retirement? The answer is yes, under certain circumstances. Through programs like Military Service Credit and the Veterans’ Employment Opportunities Act, veterans can receive credit for their military service, which can help them meet the requirements for retirement benefits. However, it is essential for veterans to understand the specific rules and regulations that apply to their situation to ensure they receive the maximum benefits they are entitled to.
