Q. What are the advantages and disadvantages of retiring Dec. 29, at the end of the pay period versus staying until Jan. 3, 2013?
A. If you are a CSRS employee, you’d gain four additional days of pay and lose three days in your January annuity payment. If you are a FERS employee, you’d gain the same four days of pay but you wouldn’t be on the annuity roll until February. Whether you were covered by CSRS or FERS, you wouldn’t earn any additional sick or annual leave by staying until Jan. 3.