Q. I will reach my full retirement age of 66 before I have 20 years of service. I understand that I will receive credit for 100 percent of my unused sick leave (since I will retire after January 2014) for computing my annuity. If I were to retire with 19 years and 10 months of actual creditable service with an additional three months of unused sick leave, would that additional sick leave also result in my annuity being computed at the over-20-years-of-service factor of 1.1 percent x number of years service? Or would it remain at 1.0 percent unless I actually completed at least 20 years of actual service?
A. No, it would not. Your annuity would be based on your actual service, after which it would be increased by any unused sick leave. To have the higher multiplier used in the computation of your annuity, you would have to have 20 actual years of service.