Q. Under the FERS retirement system, can you cash out annual leave and sick leave?
Browsing: Sick leave
Q. I retired at age 64 with 41 years and nine months. I had over 2,457 hours of sick leave. I also had two years military. At the time of retirement I did not qualify for Social Security. I am now 70 1/2 and work a part-time job. I now qualify for Social Security. Due to sick leave saved I get 82 1/2 percent of my high-3. Will applying for Social Security in any way affect my annuity?
Q. I have worked for the U.S. Postal Service for 12 years and have 935 hours of sick leave and 540 hours of annual leave. An opportunity for a city job has come up; do I get paid for my sick and annual leave if I resign?
Q. After doing the conversion based on the chart, I will have 28 days of use-or-lose sick leave. If I want to take those days off while I’m still working, how many days is that in real time? I know the 28 days are not based on eight hours of leave, which is the normal work day.
Q. Doesn’t it make sense once you hit your retirement date to use your sick leave instead of applying it to your retirement? You get paid your full salary while off, get credit for the time and time applies to the FERS annuity supplement.
Q. How would 1,134 hours of sick leave be applied to my CSRS retirement? Currently I have 46 years and 10 months of government service. I am 62 years old. Can sick leave be credited toward my high-3 percentage. For example, instead of 80 percent of my high-3, Will I be entitled to get 1 percent added to my retirement income?
Q. If you have a negative balance for sick leave (i.e., -149.50 advance sick leave), and you are medically retired from the federal system, how is that deficit addressed? Is it repaid out of your earnings or wiped from the books?
Q. I left federal employment after 20 years of service under the CSRS retirement system at age 45 with about 1,600 hours of sick leave on record. I will be applying for deferred pension at age 62. Is the sick leave balance considered in the retirement calculation? It is my understanding that it is not because I left service early.
Q. I am in civil service with 40 years and 9 months, including two years in the military for which I’ve made a deposit. I also have one year and four months of unused sick leave. Do I qualify for the maximum 80 percent annuity? I now have allotments taken out of my pay stubs. When I retire, will they remain the same? I hope so because I don’t want them to change. If I get a full-time job in the private sector, will that affect my annuity? I’m eligible for Social Security. I’ve heard that if you work for only 180 days…