Retirement date

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Q. When is the last day of 2012 that I can retire and get a lump-sum payment for unused annual leave?

A. December 31. However, since the 2012 leave year doesn’t end until Jan. 12, 2013, you could retire as late as that and receive a lump-sum payment for all of your unused annual leave.

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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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