Q. I’m going to be doing charity work for several months in 2014. I’m considering requesting a leave of absence for it (I understand such leaves are at the discretion of management). If I’m not granted the LOA and I resign, how will a few months (seven to eight total) affect my retirement? I plan to rejoin federal service after the charity event. I’ve consulted my local HR department and OPM, but I’ve received conflicting information.
If I’m granted the LOA, is my high-3 affected by such an absence? Then, assuming I’m not granted the LOA and I resign, can I rejoin federal service with the high-3 intact? Lastly, do I lose my high-3 if I withdraw funds from TSP just before the LOA or resignation? That is the big one for me — some people tell me if I touch my TSP, I lose my high-3.
A. If your period of leave without pay exceeds six months in a calendar year, it will affect your length of service and your high-3. Since your high-3 is based solely on your highest three consecutive years of average pay (78 biweekly pay periods), what you do with your TSP account can’t affect it.