Q. If I retire under the MRA +10 FERS category, and postpone receiving my annuity until age 60, what will happen to my unused sick leave? I will be 57 and plan to wait three years until I’m 60 to avoid the penalty. Someone told me to use it all since I’m not retiring on an immediate annuity and I do not get any credit.
A. Sick leave is never used in the computation of a deferred annuity. However, you have no right to burn off your sick leave just because it will be lost. Sick leave can only be used for approved purposes.