By Reg Jones
July 6th, 2012 | Uncategorized
Q. I am a CSRS employee who has applied for immediate retirement on Aug. 31. I currently have 310 days annual leave; 165 use-or-lose hours; 67 sick leave hours. What will be paid and what will not be paid? If I am denied to take leave or comp time because of mission demands, what will be the result for the time accumulated?
A. Unused annual leave will be projected forward as though you were still on the rolls and paid at the hourly rate in effect at that that time. Any unused compensatory time will be paid at the overtime rate in effect when it was earned. Unused sick leave has no cash value. It will, instead, be added to your earned years and months of actual service and used to increase the amount of your annuity.
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