Q. I am a civil service employee under CSRS. What is the maximum number of leave hours I can cash in at the time of retirement: 448? More? If the answer is more than 448, can you explain how you came to a different number of hours? Note: I am not a bargaining unit employee. My maximum yearly carryover is 240. A. For most employees, the maximum number of annual leave hours for which they can be paid a lump sum at retirement is the amount carried over from the previous year (a maximum of 240 hours) plus the amount…
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Q. I am a civil service employee under CSRS. What is the maximum number of leave hours I can cash in at the time of retirement: 448? More? If the answer is more than 448, can you explain how you came to a different number of hours? Note: I am not a bargaining unit employee. My maximum yearly carryover is 240. A. For most employees, the maximum number of annual leave hours for which they can be paid a lump sum at retirement is the amount carried over from the previous year (a maximum of 240 hours) plus the amount…
Q. I am contemplating retiring Dec. 31, Jan. 2 or Jan. 3. I am not sure how the CSRS annuity check is computed. Based on a full month? Or if I retire during the month, is it prorated, or is that month lost. 1. When does my CSRS pension start if I retire on Dec. 31? Do I receive an entire month’s (January 2013) pension check? When would I receive it? 2. If I retired on Jan. 2 or 3, when would I receive my annuity check? Is it prorated for January? 3. Also, since the leave year ends Jan.…
Q. July 2009 was my official government start date. However, I was a contractor to the government in the same agency prior to this time, from April 2005 to July 2009. I was credited service time for leave by the executive officer for the time I worked as a contractor. Therefore, on my SF-50, line 31 lists my service date (leave) time as April 2005. Do I get credit toward retirement for the April 2005 date? How can I confirm what service date applies for pension? Can I access this? Or is the SF-50 the only source which confirms I…
Q. If a federal employee is placed on 30 days administrative leave with pay pending possible disciplinary action, does the time one is on administrative leave still count toward retirement? A. Yes.
Q. I’m a federal employee with 22 years’ service, GS-15, turning 60 this month, in FERS, and deciding whether to retire Dec. 29, 2012, or Jan. 12, 2013. I understand I will be paid a lump sum for my leave over and above 240 hours in either case (I expect to have an additional 200 or so), but I’m concerned about two Social Security issues: Since my lump-sum payment will exceed the earnings limit for the retirement supplemental, will that payment after Jan. 1 reduce my supplemental SS payment in 2013? Will Social Security taxes be taken out of my…
Q. I am a new employee and have both service computation date (April 29, 2011) and date of hire (May 7, 2012). When calculating step increases (going from 7 to 8, for example) or vacation accrual (going from four to six hours per pay period) or similar, which date do I use for the calculations? For example, it’s three years between a step 7 and 8, so for me, will that happen April 29, 2014, or May 7, 2015? I don’t know the standard time period before I go from four to six hours’ sick accrual, but is that based…
Q. I am an Air Reserve technician with 32 years civil service. I will turn 55 on July 10. I resigned from my civil service position effective the pay period ending July 14. I have, however, vacated the position effective June 22 and used various leave statuses to get me through July 14. Per FERS rules, I was planning to submit my request for federal civil service retirement 60 days prior to my 56th birthday in July 2013. In addition, I submitted my military retirement for Dec. 31, 2012 (I was required to submit a date six months in advance…
Q. As part of an Equal Employment Opportunity Commission settlement, my agency wants me to accept a federal disability retirement and is willing to put me on administrative leave while waiting for approval. I am a federal law enforcement officer with 21 years service, and my high-3 is about $128,000. I recently had a spinal fusion. I will get around $70,000 in disability retirement the first year, and if I get denied by Social Security, I can ask to continue at 60 percent rather than 40 percent, which would give me $70,000 per year. This would work out better than…
Q. I started in a 6(c) covered position on April 30, 1986. I will be mandatorily retired July 29, 2016. That will give me 30 years and three months of service. I hope to also have one year and three months sick leave to give me 31.5 years total. Will the sick leave time count toward my years on my supplement (31.5 / 40 = 78.75 percent of Social Security estimate)? A. No. Your special retirement supplement will be based solely on your years and full months of actual FERS service.