Q. I started working for the federal government March 10, 1975. If I retire Dec. 31, 2015, by my calculations, I will have 40 years, nine months and 21 days. Right now I have 1,142 hours of sick leave but have no idea how many I will have when I retire. Will any of that be counted toward year and months of service? I’m only a GS 7, step 10, so I need to know what percentage of my retirement pay I would get. My high-3 is more than $50,400 with locality pay. I understood that where you are living…
Browsing: Sick leave
Q. I am 61 and will be 62 in September. I would like to retire at age 62. I have eight years of federal civilian service and bought back three years and eight months of military service. I know I cannot retire until I am 62. Due to a current civil legal action that I have, I would like to resign my position within the next 30 to 60 days. This would mean a deferred annuity with a retirement date of Sept. 30. My boss is looking to suspend me from duty without pay due to this situation pending the final results of…
Q. I turned 55 in April and have more than 33 years in CSRS. I have 3,069 hours of accumulated sick leave, and 304 hours of annual leave in my current year balance, 164 restored annual leave with a term date of January 2014, and 444 hours of restored annual leave with a term date of January 2015. To get credit for my sick leave, I need to retire with total service and sick leave equaling a multiple of 174 hours? And, I’ll get a lump-sum payout from my annual leave of 912 hours at my current hourly rate?
Q. I am a federal employee planning to retire at the end of June, when I will have worked 39 years and one month. I have accrued 262 hours of sick leave and was told my sick leave would be attached to my retirement in increments of one month. I was also told that one month was valued at 22 days or 176 hours. If this is so, by my calculations, I would have 86 hours available to use at this point if I planned to carry 176 hours for additional retirement benefit. Of course, I will continue to accrue…
Q. For personal reasons, I would like to leave the government prior to the end of the year but want my retirement date effective Jan. 11, 2014, to get full credit for my sick leave. Would it make sense to take leave without pay to bridge the time?
Q. I am a FERS employee with slightly more than 32 years of service and eligible to retire. I would like to hold off retiring until January, when I will receive full credit for my sick leave in computing my years of service. However, I may have the opportunity soon to move into a nonfederal position to start my second career this spring. Can I ask to go on leave without pay until January and delay my effective retirement date for about six to seven months? And, while on LWOP, can I work at this new job? If it makes…
Q. I’m 61 with about 18 years under FERS and 800 hours of sick leave. I quit my job with the post office in February 2012 and will defer my retirement until December, when I turn 62. Can I wait another month until January 2014 and receive 100 percent of sick leave value? Would this be a good move to make?
Q. I have heard a rumor that President Obama changed the Office of Personnel Management guidelines regarding the sale back of accrued sick leave. Do you know of such a change? I will be leaving federal service in August and have quite a bit of sick leave. I will not be retiring because I don’t have five years’ service.
Q. I was a nonappropriated funds government employee from 1979 to 1990 holding UA7, UA8 and UA9 positions (AAFES and Army NAF). I resigned in 1990 and have worked in the private sector since. Now I plan to return to federal government employment as a GS5 or GS7. How will my service time count toward retirement, and is it possible to repay my NAF pension funds into the system? Also, how will my accrued sick leave be handled?
Q. I have been a FERS employee since 1991. I heard that if I stay for about 42 years, my retirement benefit will be at its highest. Is this true?