Q. I am retiring Aug. 31 this year as a FERS employee from the National Institutes of Health, an agency with the Department of Health and Human Services. I carried more than 240 hours and I get eight hours each pay period. I currently have 312.5 hours. I have two pay periods left before I retire, which would give me 16 additional hours. And then based on what my final pay check will include, with an annual leave payout on Sept. 9, I calculate that those three pay periods will add 24 hours, which brings my leave to a total of 336.5 hours. Am I correct that my unused leave check will be for 336.5 hours?
A. No, it won’t. Here’s the basic rule: When you retire you’ll receive a lump-sum payment for all the annual leave you carried over from the previous leave year, plus any additional annual leave you earned during the current year. As you noted, those two pay periods you work before retiring would add 16 hours to your previous balance. Since annual leave is credited at the end of a pay period, there wouldn’t be any third pay period. So there wouldn’t be any additional eight hours of annual leave credit.