Retirement date and annual leave

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Q. I am a CSRS employee and plan to retire Jan. 1, 2015 (I will be 55 with 33 years of service). I know that I will be paid for my accrued annual leave, but will I be paid an additional 240 hours of annual leave since I will be retiring in January?

A. Absolutely not. While some agencies credit employees with a year’s worth of annual leave at the beginning of a leave year, when they retire, they can only get a lump-sum payment for the amount they have actually earned. By the way, the 2015 leave year begins Jan. 11.

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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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