Q. I am looking at retiring in September 2014 at age 57 years and five months. I will have 34 years in FERS and a little less than a year of sick leave to convert. I have $359,000 in my Thrift Savings Plan account. I am single, never married. What are my best options? I am located in an isolated area and am unable to attend any retirement seminars, especially now with the budget issues.
Browsing: LEAVE
Q. I will have 448 hours of annual leave accrued when I plan to retire on Jan. 3. By retiring after Jan. 1, will I lose 208 hours and not be paid for it? If so, would Dec. 31 be a better bet?
Q. I have 174 hours of sick leave. I’m 62 under FERS. Should I retire Dec. 29, where I’d only get half of my unused sick time to add to my annuity but get the 1 percent cost-of-living adjustment in January? Or should I retire Jan. 3, 2014?
Q. My official retirement date is Dec. 28. I need to take leave on Dec. 27 (Friday). If I complete the station clearance process on Thursday, is there a rule/reg that would prohibit me from taking leave (sick leave, annual leave or compensatory time) on my last scheduled work day before retirement?
Q. I am nearing 20 years of service and am over 56 years old. As of March 6, 2014, I will have 20 years of federal service and, as of March 31, a total of 20 years, five months and 16 days counting all of my creditable sick leave. To apply for Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay, do I first have to be retirement eligible? Am I able to adjust my retirement date and still keep 20 years service by applying unused sick days, or are they only attached to the end of my total federal service time?
Q. I am eligible for FERS retirement on Jan. 17, 2015. For financial reasons, assuming the special retirement supplement is not canceled before then, I need to not use any annual leave for all of 2014, and then cash out my 448 hours (240 saved and the 208 for FY14) at my hourly rate for an approximate $20,000 needed to pay off my mortgage. My problem is, with the 2014 leave year ending Jan. 10 or 12, 2015, I may conceivable lose the 208 hours of unused 2014 annual leave. Is there any way I can plan and execute my…
Q. I’m a Forest Service officer assigned in D.C. searching for guidelines as to whether I could take leave without pay or a leave of absence from my current position to be with my children. Is there a maximum on number of days/months/years I could request from my position? If yes, where can I find more specifics, and what will be the implications? I’ve been told that I could take up to a five-year leave of absence from the government but cannot find any information on how to proceed.
Q. I have a friend who has been at GS-09/Step 10 for over 10 years and she has been on base for 45 years with approximately 715 hours of sick leave, which would equate to approximately four months. Once you reach the 80 percent (41 years and 11 months), how does the extra four months add in to your annuity, if you retire? For example, would four months give you, say, approximately an additional $50 or $75 on your retirement check if you retire, or how exactly does that formula work?
Q. I am 58 years old and under CSRS, have 27 years with 1,200 hours of sick leave and 350 hours of annual leave. I want to retire under the Early Volunteer Special Option. I understand that I have to retire on or before Dec. 31 to qualify for this special option. I want to maximize my annual leave lump sum.
Q. I have been drawing workers’ compensation for seven years. Several years back, my wife sold some pups and I failed to turn it in as income. I entered a plea to three felonies. I was told by my court-appointed attorney that my supervisor position for the Postal Service should be made available for my return to work where the previous injury occurred. Is this the case? How should I approach my former employer about my job?