2013 leave year


Q. As a FERS employee, if I wait to retire till Jan. 1, 2014, to get credit for all my sick leave, will I lose the annual leave I have exceeding 240 hours?

A. No. The 2013 leave year ends Jan. 11, 2014. As long as you retire on or after Jan. 1 (but no later than Jan. 11), you’ll get not only credit for all your sick leave but also a lump-sum payment for all your unused annual leave. There’s only one downside to this scenario. If you retire after Dec. 31, you won’t be on the annuity roll until February 2014 instead of January.


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

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