How are accumulated unused sick leave, and final payments for unused vacation leave and/or prorated longevity used in calculating my monthly retirement benefit?
Unused sick leave, as described above, increases your creditable service at the rate of one month for each 20 days of unused leave. An additional month of creditable service is allowed for any part of 20 days left over, provided the remaining portion is at least one hour. If your four highest-paid years in a row include a final payment for unused vacation leave and/or prorated longevity, your average final compensation may be increased by the extra payment(s), thus increasing your monthly retirement benefit.
Related Questions
- How are accumulated unused sick leave, and final payments for unused vacation leave and/or prorated longevity used in calculating my monthly retirement benefit?
- May an employer require employees who have not accumulated two weeks of vacation leave to use his or her earned but unused sick leave instead?
- If an employee has not accumulated two weeks of vacation leave does he or she have to use his or her earned but unused sick leave instead?
