Q. I’m considering taking phased retirement when it becomes available and if my agency approves. Will I still accrue eight hours of annual leave and four hours of sick leave if I’m working part-time, or will the accrual hours be reduced? How can I calculate three-fifths of salary and two-fifths of annuity so I have an estimate of what my monthly earnings would be in phased retirement?
A. You’ll have to wait for answers until OPM publishes regulations and guidance.
