Unused annual leave

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Q. I will have a total of 448 hours of accumulated and unused annual leave (240 hours carried over from 2011 + 208 hours earned in 2012), as well as 32 hours of restored annual leave (from 2011) on Dec. 31, 2012, when I plan on retiring. May I receive a lump-sum payment for the entire 480 hours of annual leave, or am I not allowed to receive a lump-sum payment for the 32 hours of restored annual leave that will be under the two-year lose-or-use window?

A. If the time limit for using that restored annual leave hasn’t expired, it will be included when determining the amount of your lump-sum payment.

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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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