Browsing: Annual leave

Q. I am a FERS employee wanting to retire on Dec. 31, 2017, with 35 years of service and 425 hours of annual leave with which to take as a lump-sum payout. Since the pay period ends in and the actual pay date is in January 2018, will my payout be counted as income for 2017 or 2018?

Q. My wife went from active duty to reservist as a military tech. She bought back all military time while serving as a tech. She was beyond the 20-year mark when she was returned to active duty, where she retired. Now she has been reinstated as civil service. Will she get the benefit of eight hours a pay period for leave purposes? She has 6-plus years under Social Security. If she does not get credit for the previous years of service, can she request a refund from the military buy-back program without affecting previous contributions to her retirement fund?

Q. What is the maximum amount of leave that I can cash-in (240hrs, 408hrs, 420hrs, 440hrs, etc.) when I retire with my federal position? The only reason I ask is my organization is stating no more than 240 hours! Does my installation have the right to dictate how much leave they are willing to pay out when I retire? If that is the case, then where is the federal bill or policy that discusses this? Is the guidance discussed in the Department of Defense appropriations bill? Bottom-line: My goal is to make sure that I have all the facts prior…

Q. What is the maximum amount of leave that I can cash in when I retire with my federal position? The only reason that I ask is my organization is stating no more than 240 hours. Does my Installation have the right to dictate how much leave they are willing to pay out when I retire? If that is the case, then where is the federal bill/policy that discusses this? Is the guidance discussed in the Department of Defense Appropriations Bill? Bottom line: My goal is to make sure that I have all the facts prior to the submission of my…

One of the most important benefits provided to federal employees is annual leave. With the end of the leave year rapidly approaching (it’s January 9, 2016), I thought it would be a good idea to spell out the basic rules governing that benefit, and how it can pay off when you retire. Earning leave The amount of annual leave you earn is based on your years of federal service, including creditable military service. However, credit for military retirees is generally limited to those who retired on the basis of a combat disability or for service performed during a war. (By…

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