Q. I am going to retire Jan. 1, 2011.  Will I get paid for my annual leave if I retire on this date or do I have to retire before Jan. 1, so that I get paid for all my annual and not lose any, because I have use-or-lose? My CSRS retirement will become effective Jan. 2.  Is this correct and will I get paid at the beginning or end of the month?

A. Yes, you will be paid for your accrued annual leave if you retire on Jan. 1, 2011. You’ll be on the annuity roll in January and your first month’s annuity will be payable at the end of the month. However, because you retired after the month began that first payment will be 1/30th smaller than normal.


About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

Leave A Reply