Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Retirement Planning


Whether you are close to federal employee retirement or just starting out in your career, this is the place to share ideas with your federal colleagues on creating a secure financial foundation.


To read today's top news stories on federal employee related news visit FederalDaily.com.

Options
Go to last post Go to first unread
Marty  
#1 Posted : Tuesday, March 17, 2020 12:38:12 PM(UTC)
Marty

Rank: Newbie

Groups: Registered
Joined: 11/7/2016(UTC)
Posts: 6
United States

I work a Monday-Thursday 4/10 compressed work schedule (CWS). My last scheduled work day for Pay Period 27 in 2020 is Thursday, 12/31/2020.

The in-lieu 2021 New Year's holiday for this work schedule also falls on Thursday, 12/31/2020.

If I decide to retire on 12/31/2020, (A) is that day a paid time-off holiday for me, or (B) would I have to work that day? In either scenario, I'll have accounted for 80 hours as of 12/31/2020, so would I receive annual and sick leave credit for this final pay period? If your answer is (B), what would happen if my duty station was closed that day because everyone there works the same compressed work schedule?

Note: A similar situation occurs for the folks working a regular work schedule and want to retire on Friday, December 31, 2021.

Thank you.
postalvet  
#2 Posted : Tuesday, March 17, 2020 1:39:54 PM(UTC)
postalvet

Rank: Senior Member

Groups: Registered
Joined: 9/29/2009(UTC)
Posts: 17,897
Location: southern calif

Thanks: 1876 times
Was thanked: 3013 time(s) in 2396 post(s)
Originally Posted by: Marty Go to Quoted Post
I work a Monday-Thursday 4/10 compressed work schedule (CWS). My last scheduled work day for Pay Period 27 in 2020 is Thursday, 12/31/2020.

The in-lieu 2021 New Year's holiday for this work schedule also falls on Thursday, 12/31/2020.

If I decide to retire on 12/31/2020, (A) is that day a paid time-off holiday for me, or (B) would I have to work that day? In either scenario, I'll have accounted for 80 hours as of 12/31/2020, so would I receive annual and sick leave credit for this final pay period? If your answer is (B), what would happen if my duty station was closed that day because everyone there works the same compressed work schedule?

Note: A similar situation occurs for the folks working a regular work schedule and want to retire on Friday, December 31, 2021.

Thank you.


are you fers or csrs?
Postal retired 38yrs Just Sayin' Black Live's Matter #dumptrump2020 wear your mask
Roger.D  
#3 Posted : Tuesday, March 17, 2020 3:16:20 PM(UTC)
Roger.D

Rank: Senior Member

Groups: Registered
Joined: 8/25/2016(UTC)
Posts: 4,094
United States
Location: Midwest

Thanks: 165 times
Was thanked: 963 time(s) in 743 post(s)
https://forum.federalsou...lt.aspx?g=topics&f=6

Ed would be the expert on the subject.
Rss Feed  Atom Feed
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.


This page was generated in 0.199 seconds.