Q. What is the best date to retire?
A. There is no best date to retire. However, here is some information may help you to make a decision: The last pay period in 2019 ends on Sat., Dec. 21. The last pay period in 2020 ends on Sat., Jan. 4. CSRS employees can retire up to the third day of any month and be on the annuity roll in that month. FERS employees must retire no later than the last day of a month to be on the annuity roll in the following month. Anyone retiring on a date other than the end of a pay period won’t receive any annual or sick leave credit for the extra days they were on the rolls. And if they retire after the new leave year begins on Jan. 5, 2020, they will lose any accrued annual leave that exceeds the annual carryover limit.