Q. I’m a FERS employee preparing to retire at age 60 and 29 years of service. I have informed my human resources office and received the applications and an annuity estimate. I realize from reading your columns that the end of a pay period and month are good times to retire to receive the last annual leave increment and to begin the annuity on the first day of the following month. This year, a biweekly pay period ends on Saturday, June 1. However, that is not a work day in my agency. Can I retire on Friday, May 31 and…
Browsing: Annual leave
Q. I’ve been in CSRS since Feb. 10, 1975, and I turned 65 in January. 1) Which day, in late leave year 2015, would be the best day to retire? 2) What should be my schedule for submitting retirement documents?
Q. If an employee is furloughed 14 days, will he or she lose annual leave time or sick leave time, or will it be as though they worked those days (hours) and were never furloughed. If an employee is furloughed 14 days, will he or she lose retirement time (i.e. will their retirement anniversary date change?)
Q. I will have 30 years with the Postal Service on Dec. 24. I have 450 hours of annual leave. If I were to take a voluntary downgrade — which would reduce my pay rate substantially for my last six months before retirement — would my annual leave buyout be calculated solely at my new lower rate? Or would it correspond to my pay rate when it was earned?
Q. A Postal Service employee had to use all his sick and annual leave because of illness. He used leave without pay. When he retired, he was not entitled to benefits. He received only his contributions. Why did he get back only his funds and not the complete package because of LWOP?
Q. I am a FERS employee who is planning to retire at the end of the year at age 63 with 30+ years of service. I will have a large accrued sick leave balance, and also plan to accrue as many annual leave hours as possible (over and above the 240-hour carryover allowance) to cash out at retirement. I understand that the entire amount of accrued sick leave can be used to increase my time in service during the retirement calculation process but not until 2014. Does that mean I can work through the last pay period of 2013 (ending…
Q. Will sick and annual leave accrual rates be affected by the furlough? For example, if we were furloughed two days per pay period, would we accrue only 3.2 hours of sick leave per pay period?
Q: I retired from the Air Force in 1998, after 26 years and two months of service. In September 2000 I started a civil service career; and immediately started paying the deposit of the military buyback to secure all of my military service, (completed by April 2003). I am trying to ascertain whether I should have been placed in the CSRS Offset pension program, and started acquiring eight hours annual leave per pay period. I am 57 and preparing for retirement in about three years and trying to ensure my record is accurately reflecting my benefits. A: Because you were…
Q. If someone was to transfer from one federal agency to another (Postal Service to Federal Aviation Administration), would his annual leave and sick leave carry over? A. Yes.
Q. I am in the Senior Executive Service and am eligible to retire in March. I will have over 700 hours of accumulated annual leave at that time. Is there a straightforward way of calculating whether it makes more sense to take a lump-sum payment in March or remain in the government and take several months of annual leave before resigning. In addition to extending my time in service by a few months, are there other factors I should consider when deciding which course to take? A. You start with the assumption that you have a choice about whether to…