Q. I’m a FERS employee who is planning to retire in December of this year. When is the best day to do that? A. Because you are a FERS employee, you’ll have to retire no later than the last day of a month to be on the annuity roll in the following month. If you retire at the end of business on Dec. 21, you’ll have satisfied that requirement and be entitled to any annual and sick leave you earned during that pay period. If you retire after that date but before Jan. 1, you wouldn’t have worked for a…
Browsing: Sick leave
Q. I’m a FERS employee. When can I cash in my unused sick leave – only at retirement or before? A. Regardless of whether you are covered by the CSRS or FERS, you can’t cash in your sick leave. That’s because it has no cash value. However, any unused sick leave you have to your credit when you retire will be added to your actual service and – if there’s enough of it – used to increase your annuity.
Q. I’m retiring with 4 months of sick leave, bringing my total time in FERS to 32 years, 1 month at age 65. I feel I really didn’t accomplish much as far as increasing final annuity and I would have been better off to have used the time up and would have been ahead of the game. Correct? A. Since “burning off” unused sick leave would be a violation of law and regulation, your question is moot.
Q. I will have 43 years of Civil Service in June 21, 2019. I have accrued 2,770 hours of sick leave. Will I have these sick leave hours added to my retirement? Will I lose any hours after accumulating 2,087 hours of sick leave?
Q. I have been a DHS officer for 13 years under FERS. If I am terminated for policy violations and do not request a refund of my retirement contributions, will I be entitled to a partial pension at age 62? If so, will my sick leave count as more months of service? What happens to my annual leave?
Q. When you elect to retire under the MRA + 10 and postpone receipt of annuity, what happens to your unused sick leave? I assume they cut me a check for unused annual leave (please correct me if I’m wrong). I am at my MRA (56) with 20+ years of creditable service.