Retirement, accrued leave and holidays

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Q: I will be retiring from the Postal Service through the Civil Service Retirement System shortly. Will I be paid for any holidays that occur during my accrued annual leave?

A: At retirement, unused annual leave is projected forward. The amount of money you receive in a lump-sum payment will be identical to what you would have received if you were still on the job working eight hours a day, 40 hours a week and 80 hours a pay period.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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