May 9, 2022 How to Buy Back Military Time Eligible military service time can be added to a federal employee’s retirement date. This action is called a military deposit under the Federal Employee Retirement System, or better known as “buying back” military time.
Nov. 9, 2021 DFAS launches new kind of myPay account for military gray-area retirees A new kind of myPay account is now available from the Defense Finance and Accounting Service for Air National Guard and Air Force Reserve “gray-area retirees” awaiting age 60 to receive retired pay.