What happens to my sick leave, vacation time, comp time, and holiday time when I retire?
The County will convert your sick leave accrual to pay for a portion of your health insurance premium up to the maximum set in your union contract. Contact the County Benefits Office before you retire. Your accrued vacation is not part of your retirement. Contact your department’s payroll clerk before you retire regarding your vacation time. Also check with your payroll clerk about accrued Comp-time and Holiday-time, since each work group is governed by a different Memorandum of Understanding. Current litigation may eventually lead the appellate courts to require that SamCERA include some or all of your terminal vacation, comp and holiday pay in the calculation of your retirement benefit.
