Q: I transferred to the Federal Employees Retirement System from the Civil Service Retirement System during the 1998 open season. At the time of my transfer, I had accumulated 1,675 hours of sick leave. I understood at the time that the credit for sick leave to be applied toward my retirement would be the lesser of my balance at the time of my retirement or the 1,675 hours, whichever was less. This amount would be applied to the CSRS component. I now have 2,544 hours of sick leave accumulated. I have accumulated an additional 869 hours of sick leave since…
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Q: I am preparing to retire under the Civil Service Retirement System. I believe that all of my ducks are in a row for this event, but there is one question that I have regarding leave benefits. I was a drilling Army reservist until I transferred to the retired reserve in 1998. I will be eligible for a pension when I turn 60 in four years. My question is in regard to the military leave balance that shows up on my leave and earning statement every payday. While working as a civilian employee, I was entitled to 15 days per…
Q: I understand that President Barack Obama has approved Federal Employees Retirement System employees to receive service credit for unused sick leave. My question involves retirement prior to January 1, 2014, where an employee receives service credit for half of their unused sick leave. Does half of the sick leave have to be in whole months? Example: If an employee has 2,000 hours of sick leave upon retirement, this employee would have 11 months of service credit. At the half rate, would the employee be reduced to five-and-a-half months, or would the benefit reduce to five months (since only full…
Q: I was a former Merchant Marine cadet, and have been a Navy Reserve officer for eight years. I just started to work for the Federal Aviation Administration. I know the Civil Service/Federal Employees Retirement System handbook leaves out the Merchant Marine Academy as one of the academies eligible for military service credit, however, I have a “statement of service” in my Navy Reserve folder stating I was a midshipman in the Navy Reserve during those four years. The dates are also listed in my annual statement of service history. It does say that those dates are not creditable, but…