Q. For a CSRS employee with more than 30 years of service (and over age 55) how much difference in their retirement pension would a full year (2,087 hours) of accumulated sick leave make? Is there a user-friendly formula that employees can use to determine how much their accumulated full months of sick leave will affect their CSRS retirement pension? Do you think the current debate over deficit reduction could result in changes to CSRS retirement credit for accumulated sick leave?
A. Here’s the rule of thumb. Your annuity would be increased by 2 percent for every year of unused sick leave; that’s 1/6 percent for every month. Since the exact percentage depends on how many years of service you have over 10, you can use the standard CSRS formula to get an exact amount: