Ask The Experts: Retirement

By Reg Jones

Sick leave

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Q. When I retire under FERS, do I add my sick leave time to my service time, or do I cash in my sick leave?

A. Sick leave has no cash value. When you meet the age and service requirements to retire, it will be added to your actual service and used in the computation of your annuity. However, if you retire before Jan. 1, 2014, you’ll only receive half credit for any unused sick leave.

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