Retirement Participation Date

Audience : HRSC, HR Professionals, Associates

TAGS: Prior Service Credit, Retirement, Retirement credit, retirement contributions, credited civilian service 


The Retirement Participation Date (RPD) is a calculation of all periods of Regular Full Time (RFT) employment ONLY.  Any periods of service in a different category (temp, INT and RPT) do not count toward the RPD.  It is very common for an associate to have 20 years of service, but have fewer years reflected on their RPD, because they were employed in a different category for some period of time. Credit for RPD can include other creditable service such as prior employment in a civil service position. If an associate moves from an eligible civil service position into a RFT position at the Exchange with a break of less than one year, the associate may choose to convert their retirement contributions from FERS/CSRS to the Exchange retirement plan, which will add time to their RPD.  The associate should contact HQ-FA (Benefits) for further guidance.

NOTE: While all categories of creditable service are counted when calculating a retirement annuity (pension income), ONLY RFT time is counted toward RPD and eligibility to retire.

If an RFT associate has a break in service or moves out of RFT category, and receives a payout of their retirement plan contributions, then when they return to RFT category (through rehire or category change) they must submit a request to “buy back” their prior RFT service time and recalculate their RPD.  This is called Prior Retirement Credit. The associate reimburses the Exchange for the amount of money that was paid out, plus interest.  Once repayment is completed, HQ FA (Benefits) updates the associate’s record with the adjusted RPD.   Request for Prior Retirement Credit is submitted through Employee Self Service (ESS) in the “Retirement Planning” section: 

NOTE: There is a 5-year deadline for requesting that Prior Retirement Credit.  The Exchange provided all RFT associates with the notice of this policy change when it occurred in 2004.  Associates hired after this date will not see this letter in their eOPF, as the new policy was in place when they were hired.