By Reg Jones
December 7th, 2012 | Uncategorized
Q. How does the new law that provides sick leave credit for longevity operate with immediate, postponed and deferred retirement? Can you get this sick leave credit for service longevity under each of these three categories of retirement?
A. No. It only applies to immediate and postponed annuities. The latter is included because it’s actually an immediate annuity, where the receipt of the annuity is postponed to a later date.