Annual leave payout


Q. I will retire on Jan. 4, 2019. I have 230 hours of annual leave that I want to cash out. How is this done and how much will it be? There are still two more pay periods where I will accrue some leave. Is there a form to be completed?

A. Your annual leave balance will be projected forward as if you were still an employee and be paid at your hourly rate of pay on the day you left. The payment is automatic so you don’t need to do anything. Note: If you retire on Jan. 4, you won’t be on the annuity roll until February and won’t be entitled to your first annuity payment until March.


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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

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