The sick leave is no longer paid out as severance upon retirement anymore. Most find a reason to “burn it up” previous to retirement. Otherwise you lose it. The annual is still paid out at 50% upon retirement. I’m at 22 years and I accrue at 7.4 hous per pay period. I’m shooting for 25 years. As i’m in a law enforcement job I can get out at 25. Most with the pension have to wait for 30. Hopefully my back will let me go to 25. I’ve already had multiple surgeries so we’ll see. On the up side, if I medically retire I can collect immediately. I’m working on “plan B” now as supplemental income. (firearms instructor). I already do it for the state, so it’s just a matter of recertifying with an NRA trainer.
CC
Thanks!