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Search Tags: annual leave
The NITP's Tammy Flanagan will discuss the best days to retire and Andy Medici with the Federal Times new problems at the VA, and the high cost of workers compensation.
October 8, 2014
Tags: pay and benefits , Tammy Flanagan , NITP , best date to retire , federal retirement , Federal Times , Andy Medici , VA , workers compensation , charitable giving , USPS , Mike Causey , Your Turn
Federal employees wanting to schedule "use it or lose it" annual leave only have a few days left before their excess vacation days are forfeited. The deadline to schedule excess annual leave is this Saturday, Nov. 30, Office of Personnel Management Director Katherine Archuleta reiterated in a Nov. 26 memo to agency chief human capital officers. The leave must be used by Jan. 11, the end of the leave year.
Some furloughed federal employees could offset their forced time off with annual leave -- but only under certain circumstances, according to updated guidance from the Office of Personnel Management. If an agency cancels the need for planned furlough days after an employee has already taken those days off, he or she is permitted to substitute annual leave to offset the furlough.
Tens of thousands of federal workers stand to lose a day of annual leave this year because of the cursed 11-year itch. To find out how, when and where to scratch it, check out Senior Correspondent Mike Causey's Federal Report.
The provision — part of a larger transportation bill — would allow retiring federal employees to put their unused annual leave toward their TSP.
Registered employee benefit consultant Ed Zurndorfer joined The Federal Drive with Tom Temin and Emily Kopp to explain this provision, and other proposals that Congress is considering that impact your wallet.
Legislation was introduced last week that would allow federal employees to contribute unused annual leave to their TSP accounts, but there are limits. Tom Trabucco is director of external affairs at the Federal Retirement Thrift Investment Board and explains what those are and when the bill might become law.
A bipartisan bill could be introduced this week that would allow federal employees to invest the cash value of their unused annual leave into their Thrift Savings Plan accounts. Tom Trabucco, Director of External Affairs at the Federal Retirement Thrift Investment Board, tells Federal News Radio the bill has a lot of support.
Federal employees who will retire in January 2012 must request their annual leave no later than Nov. 19 — or they forfeit their leave.
What do federal workers and Thanksgiving turkeys have in common? Mike Causey thinks he knows and you aren't going to like the answer.