Q. I plan to retire on Feb. 28. I will have worked seven days out of the pay period. I know I will only get paid for seven days of work, but will I accrue any sick/annual leave for working those days? A. No, you won’t.
Browsing: sick leave
Q. As a FERS employee, how many hours of sick leave is considered to be equal to a month that can be credited to your longevity computation for retirement? I believe it is 174 hours. A. What you said is basically true, but only after you have met the age and service requirements to retire. Then any days of actual service that don’t add up to a full month are converted to hours and combined with any unused hours of sick leave. If there are enough of those hours, they’ll be used to create additional months and included in your…
Q. If a CSRS employee has 42 years of service and has over 2087 hours in sick leave, is an additional 2 percent added to the retirement benefits? Or does the employee receive the cash value of the sick leave since the employee maxed out at 42 years?
Q. I am an ATC FERS Front Line Manager who will retire in the next couple of years with 26 years of service. Will I be paid out for accrued sick leave and annual leave? A. You’ll receive a lump-sum payment for your annual leave. Your unused sick leave will be added to your actual service and, if there’s enough of it, used in the computation of your annuity.
Q. If I retire with 27 days of unused sick leave, and I started government service on the sixth day of the month, will that mean that a month of service will be added to my years of service? I understand that anything under one month of sick leave will be dropped, but am unclear about whether the day you started affects the calculation. The chart does not seem to address this. A. Annuities are calculated using years and full months of service. Any days that don’t add up to a full month are converted to hours and added to…
Q.I read that Aug. 1 is a best date to retire. Why not July 31? That is for those who work a 4-5-9 schedule (i.e., Aug. 1 is a non-work flex Friday). A. As a CSRS employee, your only requirement is that you retire no later than the third day of a given month. Whoever wrote that Friday, August 1 was the best day to retire was probably accepting the fact that most employees complete their workweek on a Friday. By leaving at the close of business on that day, they’d receive a full week’s pay. Since you are on…
Q. I am a CSRS employee and have worked about 40 years. I plan to retire by the end of this year. I have about 1,659 hours of sick leave. How many hours of sick leave is equivalent to one service month, so I could plan to use the remaining sick leave and not lose it? A. Let’s get one thing clear from the beginning. You have no right to burn off your sick leave. It may only be used for legitimate reasons spelled out in law and regulation. If you want a rough estimate of how many hours it…
Q. I worked for the federal government from May 1985 to February 2005 as a FERS employee. My remaining annual leave was paid out to me, and I had more than 700 hours of accumulated sick leave. I moved all of my TSP contributions into another fund several years ago. As I plan for retirement, are there any retirement benefits I can receive or can I receive payment for sick leave? I saw in your column: “If you are already off the rolls, you can apply for a refund up to 31 days before your 62nd birthday.” That is fast…
Q. I retired on FERS disability on Dec. 6, 2010, at age 53 with 21 years of federal service. I had 1,050 hours of sick leave. In May 2014, I returned to federal service in a virtual job that I work from home. OPM has not found me recovered. 1. Because my sick leave was not used in the calculation of my annuity (I retired under 62 years of age), should all my sick leave be restored? 2. The new hiring agency has offset my salary by my annuity and is deducting retirement. Should the agency use the old rate…
Q. I have an estimate of 13 years, three months and eight days service credit. I have 43 hours of sick leave accrued. I’ll accrue 40 more by retirement. Would I be better off using them as needed for medical appointments as they will not add any time to service credit? A. Assuming that your numbers are correct, those hours wouldn’t add up to the 174 needed to create an additional month and be used in your annuity computation.