Browsing: LEAVE

Q. I had a retirement date of Jan. 3, 2014, but have developed some health problems and may need to go out earlier or use my 17 weeks of sick leave, which would take me to the same date. Would it behoove me to use up the sick leave or go out two to three months earlier with the sick leave in tact? I will have 35 years, eight months and 13 days if I go out on Jan. 3, 2014.

Q. I am a federal employee under FERS with 28 years of service. I understand that service credit for accrued sick leave can only be credited once you’ve qualified for retirement, which, in my case, would be 30 years. Does this apply if you receive a Voluntary Early Retirement Authority before then? Would my sick leave be credited, or would I lose it under this scenario?

Q. I will be retiring at the end of December or beginning of January 2014, depending on your answer. I am a FERS employee who will have about eight years, so my annuity will be small (I retired from the Air Force with 25 years of service). I am thinking it would be better for me to retire Jan. 11, 2014, instead of Dec. 31, 2013, because a full paycheck will be quite a bit more than the monthly annuity, so it would be worth skipping an annuity payment in favor of a paycheck. I just want to make sure…

Q. I work for the Defense Department with 16 years of service. If the rumored next round of Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay occurs (and I should be 57 by then), can I take the VSIP, not pull my FERS retirement contributions and apply for the discontinued service retirement at 62? If yes, does my sick leave still count for calculating the retirement amount? Is giving up the DSR a requirement for VSIP?

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