Q. When I retire under FERS, I will get a lump-sum cash payment for my unused annual leave. At what rate will I get paid? My current hourly basic rate?
A. Yes, your hourly basic rate of pay.
Rate of pay for unused annual leave
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About Author
Reg Jones
Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.