Retirement date missed

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Q. If the paperwork for my retirement takes longer than the requested date, what happens? For example, if my anticipated retirement date is Dec. 31, but the paperwork does not clear until February 2013, do I have to work until then? What about the use-or-lose for 2012?

A. Regardless of how long your agency or the Office of Personnel Management take to process the paperwork, your retirement date is the one stated in your application. Therefore, you would be on the annuity roll on Jan. 1. Because that matter is set in stone, you would receive a lump-sum payment for your annual leave, including any hours that exceed the carryover limit.

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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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