Sick leave and FERS multiplier

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Q. I am a 59-year-old FERS employee with 33 years of federal service. If I retire in May 2015, four months short of my 62nd birthday, will my 900-plus sick leave hours be used to push my service date past my birthday and therefore make me eligible for the .011 pension multiplier (instead of the .01 multiplier)?

A. No, it won’t. Your annuity will be based on your actual years of service and age. Unused sick leave is added only after that basic calculation is done.

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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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