Cashing out a time-off award

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Q. I read the March 25 posting “Annual Leave and cashing out.” I’m retiring June 1, I will have 320 hours of annual leave and, in addition, a 40-hour time-off award. My Civilian Personnel Advisory Center representative advised I could not cash out the time-off award, that I could only use it or lose it. I would like to add it to the regular annual and cash it out. Are they correct about not being able to cash out those 40 hours?

A. Yes.

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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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