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Federal Employees Benefits Q &A

Do you have questions about your federal employee CSRS or FERS pension/annuity or federal employee retirement planning? Concerns about your Thrift Savings Plan (TSP) account or what about federal employee pay and leave issues?

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giddymedia  
#1 Posted : Sunday, February 12, 2017 6:42:34 AM(UTC)
giddymedia

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Joined: 8/28/2014(UTC)
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United States

I am a FERS employee who will reach my MRA(56 years old) in late November, 2017. I will reach 30 years service in early January, 2018. As things stand today (February 2017) I have approximately 10 and a half months to go. I would really like to make my exit sooner. I have some minor but chronic health issues (nothing extraordinary) and some family issues. I am not seeking disability status.

I understand that up to 6 months LWOP can be credited toward retirement. I am considering approaching my boss sometime in April and requesting to be put on non-pay (LWOP)status as of June 1st. If approved this would get me to December 1st. I have 6 weeks of annual leave that would then get me across the finish line (my understanding is that you cannot retire on LWOP --you must be in pay status).

I have never heard of anyone making a request such as this. I know plenty of people who retire with LWOP in their last year but they had already exhausted all of their sick leave and annual leave. I have over 6 months sick leave but will not be using it. Would anyone like to hazard a guess as to the chances of my request being approved?

Ed Zurndorfer  
#2 Posted : Sunday, February 12, 2017 7:45:24 AM(UTC)

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Chances are "slim to none" that your agency would approve this type of regular retirement. The reason is that agencies generally do not approve of what is called a "terminal" leave retirement; that is, an employee requests to use LWOP, annual leave and sick leave up through his or her first eligible day to retire and then retires on that day.
thanks 1 user thanked for this useful post.
rimnode on 2/12/2017(UTC)
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