Retirement date and holiday

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Q. I am a CSRS employee looking to retire this year. If I were to elect July 3 as my retirement date, would I receive payment for the July 4 holiday since I was in a pay status the day before the holiday?

A. If you retired at close of business July 3, you’d be on the annuity roll July 4. Since you would no longer be an employee, you wouldn’t be paid for any day after the 3rd. The fact that the 4th is a holiday is irrelevant.

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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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