Sick and annual leave

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Q: I am a FERS employee who has more than a year of accumulated Sick leave. Under the current rules, I can get credit for 50 percent until 2014 when I can get 100 percent credit. What’s the first day I can retire to get the 100 percent credit, and how does that fit with the best day to retire to take advantage of getting paid for the maximum amount of annual leave 240 carry over, plus the maximum accumulated during the last year?  Can I get both or will I have to make a choice?

A: You can get full credit for your unused sick leave if you retire on or after Jan. 1, 2014. Because the 2013 leave year ends on Jan. 11, 2014, you could retire up to that date and get credit for all your accumulated annual leave.

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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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