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Get Opm Form 1515 2000-2025
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How to fill out the OPM Form 1515 online
Filling out the OPM Form 1515 is an essential step for individuals looking to make a military service deposit election. This guide provides clear, step-by-step instructions to help users navigate the online form effectively and confidently.
Follow the steps to complete your OPM Form 1515 online.
- Press the 'Get Form' button to acquire the OPM Form 1515 and open it in your preferred online editor.
- Begin by entering your full name in the designated field, formatted as last name, first name, and middle initial where applicable.
- Input your date of birth in the specified format (mm/dd/yyyy) to ensure accurate identity verification.
- Provide your Social Security Number in the designated field to facilitate the processing of your application.
- Indicate your eligibility for the guaranteed minimum annuity under the Civil Service Retirement System (CSRS) by selecting 'Yes' or 'No' in the respective section.
- Next, determine whether making a deposit for military service would increase your annuity and select 'Yes' or 'No' accordingly.
- Read the instructions carefully to understand the implications of your deposit decision, and reach out to the appropriate human resources office if you have any questions.
- Check the box to indicate your election regarding the deposit payment: either that you want to pay or that you do not want to pay. Remember, the latter decision is irrevocable.
- Sign the form using your official signature and include the date of signing in the indicated format.
- After completing the form, you can choose to save your changes, download a copy, print it for your records, or share it as necessary.
Complete your OPM Form 1515 online today to secure your military service deposit election.
The formula for how much the buyback will cost you would be the total amount of base pay received while in the military and not contributing to retirement, and multiplying this by 3% if in FERS, or 7% if in CSRS.
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