The main problem is having leadership who hate when you use leave. I was working for a unit that hated us using sick leave. So much so that the director would literally counsel us as to how much sick/annual leave we've used. It was so toxic that I had to get out of there. So glad we can move around as Civilians. Stay motivated everyone!
If I understand right, basically if I had 80,000 dollars worth of one year sick leave hours built up, it would take 100 years to make all that money back from an extra 1% pension increase. Sounds like it is better financially to use it if you can. I believe it really would be more fair for companies to at least give us a 2 or 3% increase for one year sick leave.
Jerel, After 22 years of service I'll retire next year at 62 years old with 1300+ hours of unused sick leave. Will the Sick leave hours accumulated prior to 1/1/14 be only calculated at 50% and all the Sick leave after that date be calculated at 100%? Or will all my unused Sick leave be calculated together for 100% credit to increase my FERS pension?
The main problem is having leadership who hate when you use leave. I was working for a unit that hated us using sick leave. So much so that the director would literally counsel us as to how much sick/annual leave we've used. It was so toxic that I had to get out of there. So glad we can move around as Civilians. Stay motivated everyone!
Thanks for sharing!
Another great presentation 👏🏽
I first started to read your post as 'great depression.' ... too much coffee this morning.
Much appreciated!
THANK YOU! (Keep it coming) 🙂 #greatinfo
Thank you! Will do!
Well explained.
Thanks!
Great information, thank you!
Thanks for tuning in!
If I understand right, basically if I had 80,000 dollars worth of one year sick leave hours built up, it would take 100 years to make all that money back from an extra 1% pension increase. Sounds like it is better financially to use it if you can. I believe it really would be more fair for companies to at least give us a 2 or 3% increase for one year sick leave.
Thanks for sharing!
Use up your SL if you can because you get paid full salary while the retirement credit is only a %
Thanks for sharing!
This is so true!
Jerel, After 22 years of service I'll retire next year at 62 years old with 1300+ hours of unused sick leave. Will the Sick leave hours accumulated prior to 1/1/14 be only calculated at 50% and all the Sick leave after that date be calculated at 100%? Or will all my unused Sick leave be calculated together for 100% credit to increase my FERS pension?
All your hours will be calculated at 100%.
How many hours of sick leave turn to One extra month?
One day equals 5.8 hours, one month is 174 hours, and 1 year is 2,087 hours. All months equal 30 days.
Thank you for sharing!