Maximum leave paid at retirement

0

Q. I am a Postal Service employee, Under CSRS, what is the maximum number of leave hours one can cash in at retirement: 240, 360 or more?

A. Bargaining unit employees can receive a terminal leave payment for their accumulated leave from the previous year (a maximum of 440 hours) and any accrued annual leave in the year they retire. Executive Administrative Schedule employees can receive a terminal leave payment for their accrued annual leave carried over from the previous year (a maximum of 560 hours) and any accrued annual leave earned during the year in which they retire.

Share.

About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

Leave A Reply