Unused sick leave

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Q. I have 17 days of unused sick leave. I do not want to give it back when I retire. Is that calculated as 17 working days or 17 calendar days?

A. Neither. Unused sick leave days (and days of actual service that don’t add up to a full month) are converted to annuity days. That’s done by dividing 2,087 (the number of hours in a work year) by 360 (12 30-day months). As a result, an annuity day is about 5.79 hours long, and an annuity month about 174 hours long.  Only full months are used in an annuity computation. Any leftover hours are dropped.

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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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