Browsing: Annual leave

Q. I’m retiring on 12/31/2018, and will have accrued 287 hours of annual leave; that is, over the 240 hours maximum. I’m not understanding whether I’m going to lose those hours unless I take the extra leave before the end of the year or if it is OK. How many hours will I actually get paid for in the lump sum?

Q. I have read conflicting views on whether the Voluntary Separation Incentives Payments (VSIPs) and annual leave payments are subject to the earnings test. Other sites report under Office of Personnel Management rules monies you earn in the year in which you retire are not subject. Does this mean if I retire in March and lump sum payment for annual leave and a VSIP is paid that year, it does not count against my supplement?

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