『Federal Sick Leave vs. Annual Leave』のカバーアート

Federal Sick Leave vs. Annual Leave

Federal Sick Leave vs. Annual Leave

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Federal employees often wonder whether unused sick leave and annual leave help their retirement. Under FERS, they are treated very differently.

In this episode, Andrew McNair explains how unused sick leave can convert into creditable service and potentially increase your FERS pension calculation, while annual leave does not add to your pension. Instead, annual leave is generally paid out as a lump sum after separation.

Andrew also breaks down common sick leave myths, including whether sick leave can help you reach your minimum retirement age or 30 years of service, whether FERS still only receives partial sick leave credit, and whether annual leave boosts your pension.

If you are a federal employee preparing for retirement, this episode can help you understand how sick leave, annual leave, your FERS pension, TSP withdrawal strategy, and retirement income plan should work together before you leave federal service.

To schedule a complimentary Federal Retirement Report and review your FERS benefits, TSP, LES, Social Security, and income plan, give our team a call at 1-800-848-8768.

Episode Highlights:

• Why sick leave is not a throwaway benefit
• How OPM converts sick leave into service credit
• Why annual leave does not increase your FERS pension
• What 2,087 hours means for sick leave conversion
• Why sick leave cannot be used to meet retirement eligibility
• Common myths about sick leave under FERS
• How annual leave payouts may affect tax planning
• Why sick leave, annual leave, TSP, and income planning should be coordinated

https://calendly.com/swancapital_/nocostconsultation

To receive a customized Federal Retirement Report, call 1-800-848-8768 or visit swan-capital.com.
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