Lump sump payment for accrued annual leave

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If I have accrued 2018 annual leave and retire in 01/31/2019, will I get a lump sump payment for my accrued 2018 annual leave?

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Asked on October 19, 2018 7:31 pm
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You can only carryover leave up to the end of the leave year. For calendar 2018, the leave year ends January 5, 2019. If you retire January 31, 2019, you will only be paid for your carryover balance, which for most is 240 hours, and any leave accumulated in 2019. More information can be found at the following link: https://www.opm.gov/policy-data-oversight/pay-leave/leave-administration/fact-sheets/leave-year-beginning-and-ending-dates/
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Answered on October 19, 2018 7:48 pm
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I am to retire 12/31/18 and now realize mistake made not taking more sick leave and now have about 1200 hours. Is it too late to change retirement date or will I be ok with the sick leave conversion? I am FERS

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Answered on December 17, 2018 2:42 am
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With 1200 hours of sick leave you have added almost 7 months additional service time to your retirement calculation which means you will get more money every month for the rest of your life. As far as changing your retirement date, that is up to your agency plus you can’t just take sick leave because you have it on the books. Since 2012 FERS have had sick leave added to their retirements.
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Answered on December 17, 2018 3:08 am

Thank you so much for responding so quickly; just registered this evening and amazed at all the information out there. Shame on me and I am sure others for not having FEDweek a part of their daily reading, especially if about to retire.

( at December 17, 2018 3:17 am)
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That’s why we are here. I hope you have an awesome retirement. Happy Holidays!

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Answered on December 17, 2018 3:25 am