2011 a good year to retire


Q. In your July 25 article, you stated: “By retiring at the end of a pay period, most of you will get paid for all your unused annual leave, including the so-called use-or-lose leave that you would have forfeited if you retired after the new leave year begins.” I thought we were paid for the lose-or-lose leave regardless of when we retire. Please explain.

A:. Most of you do get paid for all your unused annual leave if you retire before the end of the leave year; however, if you are an employee of the U.S. Postal Service, the amount of leave for which you can be paid is capped.


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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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