Ask The Experts: Retirement

By Reg Jones

Unused annual leave

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Q. Because of the budget cuts, my job will be terminated soon. I have been working on a four-year term position (this is the second term, back to back) receiving both full annuity and full salary. I receive and accrue annual leave and sick leave. When I retired some years ago after 29 years of service, I was paid a lump sum for unused leave. In my current situation, will I be eligible to get a lump-sum payment for unused annual leave when I am terminated from this tour? I will not be retiring again, but I will be terminated. I don’t know if verbiage makes a difference.

A. Whether you retire, retire again or are terminated, you’ll receive a lump-sum payment for your unused annual leave.

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