Q: I am planning to retire from the Social Security Administration in January 2012. I carry an annual leave balance of 240 hours and could possibly accrue a maximum of 208 hours of use or lose leave in 2011. When I retire, is it possible to be reimbursed for 448 hours (240 + 208 use or lose) or is 240 hours the maximum amount that can be reimbursed?
A: For most employees, there isn’t any cap on the amount of annual for which you can be reimbursed, as long as you retire before the end of the leave year. That isn’t true of the U.S. Postal Service, which does have limits.