Q. How much is usually received after taxes on a $25,000 Voluntary Separation Incentive Pay buyout? Also, how is my lump-sum annual leave payment taxed? Is it based on my current exemptions?
Browsing: Annual leave
Q. For retirement, can restored leave be paid as a part of your annual leave lump-sum payment?
Q. In June, I scheduled a total knee replacement surgery for Oct. 22. That will put me on sick leave for six to eight weeks (maybe longer) and then light duty. On July 1, my agency announced a reduction in force with notices going out in September, the RIF effective Nov. 20 and people off the rolls Nov. 30. I am 59 with 19 years and four months of service. My service computation date is Dec. 15, 1979. My SCD for leave is March 7, 1994. I have planned to retire Mar 31, 2014. If I am RIFed, I would…
Q. I am taking a position in the private sector. I have been working with the federal government for 2½ years and was wondering if they reimburse me for my unused annual and sick leave when I leave or what happens to it?
Q. Is lump-sum annual leave money paid to CSRS employees after they retire added in as part of our salary for the year we retire to be included in our final benefits calculations?
Q. Can employees be forced to take annual leave prior to retirement, just so the agency won’t have to pay them for their accumulated annual leave? Our comptroller has stated in meetings that she will not pay anyone retiring their accumulated annual leave, due to budget cutbacks. She has advised department managers that they can force their employees to take annual leave and burn it all before retiring, in lieu of retiring and being paid for accumulated annual leave. I would rather be paid the lump sum and not use leave prior to retirement. Is there a regulation I can…
Q. When I retire under FERS, I will get a lump-sum cash payment for my unused annual leave. At what rate will I get paid? My current hourly basic rate?
Q. I’m a civilian government employee who is being deployed to Afghanistan. If I retire while deployed in Afghanistan, will my annual leave payout be entitled to post differential?
Q. What would be the difference if I changed my retirement date from July 31 to July 27? I have already turned my papers in, so what would I need to do if I decide to change the date?
Q. Are federal taxes taken out of the lump-sum payment for annual leave? And If I withdraw all of my Thrift Savings Plan upon retirement, will the tax be taken out before I receive the payment?