Early-out option


Q: I am a federal employee with just more than 29 years of service. I am 56 and I am under CSRS. If offered, I will take the early-out in December. What will happen to my sick leave?

A: Any unused sick leave hours will be added to any hours of actual work that don’t add up to a full month. Any additional months created will be added to your actual service and used in the computation of your annuity. For retirement purposes, those months are 174 hours long. Any hours left over will be dropped.


About Author

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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