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  #21  
Old 15 June 2019, 22:02
Olive Drab's Avatar
Olive Drab Olive Drab is offline
Walk the plank
 
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Location: The Beltway
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buy that time as soon as you can afford. Being enlisted was cheap and the interest is super low if you cant afford to do it in those first 3 years of gov service. Also, depending on where you are based, you may be able to get a masters for free through one of the war colleges at distance learning sites saving you some coin. I just finished up my 2nd class at the Naval War College in the DC area and have one more to go. Cost was nothing and the classes are 30% or so civilians from across the gov.
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  #22  
Old 16 June 2019, 09:52
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CW3SF CW3SF is offline
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Join Date: Jan 2019
Location: Chattanooga, TN
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Quote:
Originally Posted by Rockville View Post
you mean received federal law enforcement retirement benefits, which allowed you to retire at age 50 with a minimum of 20 years of service and required retirement at age 57.

useful report


Capitol Police: Retirement Benefits, Pay, Duties, and Attrition Compared to Other Federal Police Forces
https://www.gao.gov/products/GAO-12-58
GAO-12-58: Published: Jan 24, 2012. Publicly Released: Jan 25, 2012.
USCP generally has enhanced retirement benefits, a higher minimum starting salary, and a wider variety of protective duties than other federal police forces in the DC metro area that GAO reviewed, but has similar employment requirements. Even though USCP, Park Police, Supreme Court Police, and Secret Service Uniformed Division are federal police forces, they provide enhanced retirement benefits si...
Yes, retired at 53 and receiving FERS LEO pension with 20 yrs of service as 1811. Pension computed based on the 20 yrs + 13 yrs buyback of Army active duty time. Will draw ARNG retirement in addition upon reaching 60 y/o.
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  #23  
Old 16 June 2019, 21:42
Fu King Lawyer Fu King Lawyer is offline
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I completely agree with the buy in strategy.
https://www.opm.gov/retirement-servi...#nondisability

Federal law enforcement service gets your annuity to 1.7% per year for each of your first 20 years (that equals 34% of salary) and 1% per year for each year beyond that - and your "buy back" is also computed at 1% for the add in. The difference in your final annuity is huge.

See page 8 for details
https://fas.org/sgp/crs/misc/R42631.pdf

Last edited by Fu King Lawyer; 16 June 2019 at 21:47. Reason: didn't get the attachment to stick
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  #24  
Old 20 June 2019, 02:44
pyrrhic0369 pyrrhic0369 is offline
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Join Date: Jan 2014
Location: West Coast/Kabul
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Quote:
Originally Posted by Fu King Lawyer View Post
I completely agree with the buy in strategy.
https://www.opm.gov/retirement-servi...#nondisability

Federal law enforcement service gets your annuity to 1.7% per year for each of your first 20 years (that equals 34% of salary) and 1% per year for each year beyond that - and your "buy back" is also computed at 1% for the add in. The difference in your final annuity is huge.

See page 8 for details
https://fas.org/sgp/crs/misc/R42631.pdf
I appreciate the info, thank you.
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  #25  
Old 21 June 2019, 21:45
Rockville Rockville is offline
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you signed up with MCLEP https://www.hqmc.marines.mil/ppo/Units/Security-Division-PS/Law-Enforcement-Corrections-PSL/SELE/

or

the Army equivalent?
https://www.army.mil/article/190762/us_army_civilian_police_academy_trains_civilian_po lice_officers_for_world_wide_duty
https://home.army.mil/wood/index.php/units-tenants/USAMPS/MPOrganizations/directorate-training-education/usamps-courses/united-states-army-civilian-police-academy


Quote:
Originally Posted by pyrrhic0369 View Post
About to accept a position working a DOD police gig. My intentions are to spend a few years on that side and then get in wherever is open as an 1811.

1.) A master's would be the last feather I could put in the hat. Recommendations? I'm currently leaning towards an MBA or MPA, with a lack of any other useful ideas. My undergrad is equally vanilla, business management.

2.) Does anyone have experience with the military buy back? I have thirteen years in the tank. Everyone I know, across the alphabet soup, has yet to but their time back and has no info on the process.

Any advice would be greatly appreciated.
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  #26  
Old 22 June 2019, 07:35
pyrrhic0369 pyrrhic0369 is offline
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Quote:
Originally Posted by Rockville View Post
you signed up with MCLEP https://www.hqmc.marines.mil/ppo/Units/Security-Division-PS/Law-Enforcement-Corrections-PSL/SELE/

or

the Army equivalent?
https://www.army.mil/article/190762/us_army_civilian_police_academy_trains_civilian_po lice_officers_for_world_wide_duty
https://home.army.mil/wood/index.php/units-tenants/USAMPS/MPOrganizations/directorate-training-education/usamps-courses/united-states-army-civilian-police-academy
It's on the Army side.
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