Q. I plan to retire after 20 years of service at age 64 in 2015. I understand that I will be paid for unused annual leave. Will I be paid for unused sick leave?
Browsing: unused annual leave
Q. I’m being retired on medical disability, and I have more than 190 hours of annual leave. Who pays me for this and approximately when? A. Your agency is responsible for generating a lump-sum payment for any unused annual leave. Usually such payments are made at the same time as your final paycheck is issued. Check with your agency to find out what its payment schedule is.
Q. As a FERS employee retiring at the end of March after 27+ years at age 65. How will the sequestration and continuing resolution affect when I will get my check for unused annual leave? Will there be any effect on the delivery of my first annuity and Social Security checks? A. There shouldn’t be any delay in the delivery of your annuity and Social Security checks. Whether there would be a delay in your lump-sum annual leave payment is something that only your agency can answer.
Q. I’m 60 with 10 years in CSRS, 25 in FERS, with about 2,900 hours of unused sick leave (900 of which were in CSRS) and about 440 hours of unused annual leave expected by the end of the year. If I retire on Dec. 31 to try to maximize my unused annual leave lump sum, it looks like I will not qualify to apply up to 100 percent of my unused sick leave to time of service (except the CSRS portion). If I retire on Jan 1-3, 2014, to be able to use the full (rounded in months) amount…
Q. I will be retiring this year from FERS under MRA +10. I plan to select an immediate annuity postponed for payment to start Dec. 12, 2014, when I turn 62. I want to have my sick leave used to calculate my annuity based on full amount so I will select a date of Jan. 1, 2014, or later. To ensure I can cash out maximum annual leave, what is the last day of the 2013 leave year so that I can take a lump sum for unused annual leave of around 340 hours? A. For most agencies, the 2013…
Q. I retired Dec. 31. At the time of retirement, I had accrued 448 hours of annual leave. Human resources told me this would be paid within 30 days. I have not received any payment, so I contacted the agency payroll office and was told it won’t be paid until the Office of Personnel Management completes all phases of the retirement paperwork. Is that correct? A. No, it isn’t. Your agency is responsible for paying you for any unused annual leave. OPM has no role in that.
Q. I took the Voluntary Early Retirement Authority, and my retirement date is Feb. 28. I’m due a lump-sum payment for my unused annual leave. I was told in a letter I would get this in my last salary check. I just got paid on the 15th. So what date is considered my last salary check since my first annuity check is March 1? A. Since salary checks are payments for the preceding two weeks of work, the one you just received would be for that final pay period. While lump-sum payments for unused annual leave are often included in…
Q. Because of the budget cuts, my job will be terminated soon. I have been working on a four-year term position (this is the second term, back to back) receiving both full annuity and full salary. I receive and accrue annual leave and sick leave. When I retired some years ago after 29 years of service, I was paid a lump sum for unused leave. In my current situation, will I be eligible to get a lump-sum payment for unused annual leave when I am terminated from this tour? I will not be retiring again, but I will be terminated.…
Q. I plan on retiring in the near future. I will have around 300 hours on annual leave at that time. Is there any Office of Personnel Management guidance that discusses my option to take the leave immediately prior to retirement rather than being paid for that leave at retirement? A. There is no such thing as terminal leave in the federal civilian service. Therefore, you don’t have a choice. While you can take annual leave at such time and in such amounts as are approved by your supervisor, you can’t burn it off. Just be happy that your unused…
Q. I am planning to retire this year at age 60 with 29.7 years of service under FERS. I understand that I will receive the annuity plus special retirement supplement. However, as a widow, I am also allowed to receive my husband’s Social Security payment at age 60. Does this reduce the special retirement supplement? Also, does the special retirement supplement act as earned income under the Social Security earnings test? Finally, does the check you receive after you retire for annual leave count as earned income under the Social Security earnings test? A. Only earnings from wages and self-employment…