Q. I would like to know which date is better for retirement: Jan 3, 2014, or Jan 10, 2014. I am a CSRS employee who will have 32 years and three months of federal service, and four years and four months of military service. I will have accrued 448 hours of annual leave and want to know which date to retire so that I won’t lose any.
A. You can retire up to Jan. 10 and receive a lump-sum payment for all of your unused annual leave. If you retire after Jan. 3, you won’t be on the annuity roll until February, with your first annuity payment due in March.