itr674
Returning Member

Retirement tax questions

But the question is:

 

For NC Bailey Act purposes, is a federal employee, with 5 years vested service prior to 12 Aug 1989, still vested if withdrawn retirement funds are not paid back by 12 Aug 2989?

 

The federal vesting statement does not have in it the "- If the employee withdrew his or her contributions, the employee is no longer vested in the retirement system, even if the employee subsequently buys back the service time, unless the employee returned to employment in time to become vested again before August 12, 1989. " part in it.