Browsing: Retirement date

Q. As you know, as of the first of next year, FERS people get 100 percent of their unused sick leave, putting us on same footing as CSRS. Problem is, we’re not CSRS, so we don’t know how they get that. We hear it’s tacked on to end of service, but then we hear retirement date is retirement date, not that plus unused sick leave. So, do we get a lump sum or just keep getting paid for that time as if we were still here?

Q. I am planning on retiring from CSRS at the end of this year. I will be 56 years old and have a little more than 32 years of government service. 1. I currently show 150 hours of use-or-lose annual leave on my last pay stub. If I go into the end of the year and retire with use-or-lose leave on the books, will I get paid for it? Or do I need to burn up the use-or-lose leave before I retire? 2. As I look at the 2013 calendar, to retire at the true end of the payroll year,…

Q. I am retiring Sept. 30. I have been continuously employed by the federal government since Sept. 21, 1981. I first worked for the Department of the Interior from Sept. 21, 1981, to Feb. 27, 1987. I was under FICA from Sept. 21, 1981, to Oct. 29, 1983, after which time I was covered under CSRS. I became employed by the Justice Department (law enforcement 1811) on March 1, 1987. I transferred to FERS on Jan. 3, 1999. I understand that service is calculated differently for service from Sept. 21, 1981, to Sept. 30, 1982, and Oct. 1, 1982, to…

Q. I am CSRS and considering a retirement date of Oct. 31. But I want to check with you if a few assumptions that I am making are valid. First, Oct. 31 is the second Thursday in the pay period, and we work a compressed 5/4/9 schedule, where the second Friday in a pay period is a regular day off. Will retirement on Thursday, Oct. 31 complete the pay period for me and allow me to accrue the annual and sick leave for that pay period, and the full month of November retirement pay? Second, I am hoping to take…

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