Q: As a postal worker under FERS, I will retire with 35 years service with a balance of one year of unused sick leave. Will I be credited as if I had worked 36 years? I earn $60,000 annually. How many retirement years will it take me to receive and realize the year of sick leave I turn back?
A: If you retire after December 31, 2013, you’ll get full credit for your unused sick leave. If you have 2,087 hours, you’ll receive one year’s credit in your annuity calculation. Therefore, using your figures, instead of the formula being 0.01 x $60,000 x 35, it will be 0.01 x $60,000 x 36. Since I have no idea what you are getting at with your second question, I can’t respond to it.