1%

[Kaufmanrider]

That sounds a little odd. So they will pay us leave accrued on lump sum annual leave days for which we will be paid??? Any recent retirees out there who were paid for lump sum annual leave amounts. Did they compute it based on your A/L balance at date of retirement or some other method? Just curious, as jr said not a game changer either way.

I don't know about the forward projection, if that is correct I like it. I believe your Agency, not OPM, calculates and pays you the lump sum payment out of the operating budget, not S&E. My Time and Attendance clerk has to certify my final PP T&A and audit my leave balances, submit them to HR. I have already submitted PP26 and know my final hours. I am told I will receive the lump sum payment in about 3 weeks after I retire.

 

[nnuut]

I don't know about the forward projection, if that is correct I like it. I believe your Agency, not OPM, calculates and pays you the lump sum payment out of the operating budget, not S&E. My Time and Attendance clerk has to certify my final PP T&A and audit my leave balances, submit them to HR. I have already submitted PP26 and know my final hours. I am told I will receive the lump sum payment in about 3 weeks after I retire.

I got mine in 8 days!

 

[Scout333]

I got mine in 8 days!

That would be outstanding since the retirement computations, etc. can take awhile to finalize. Do you remember how your lump sum A/L was computed?

 

[Y2KBug]

I just retired the end of Sept, it was the middle of a pay period. My next check was a full one, then a half one, then the next was my left over annual leave...

 

[Frixxxx]

I just retired the end of Sept, it was the middle of a pay period. My next check was a full one, then a half one, then the next was my left over annual leave...

Congratz!

Thanks for that info......might wanna change your tag now that you are officially "retired!" LOL :toung:

 

[nnuut]

I just retired the end of Sept, it was the middle of a pay period. My next check was a full one, then a half one, then the next was my left over annual leave...

I was CSRS and retired on the 3rd of January. I believe it was including the pay raise, so rate of pay X the number of hours, mine was over $15,000.

 

[Y2KBug]

I was CSRS and retired on the 3rd of January. I believe it was including the pay raise, so rate of pay X the number of hours, mine was over $15,000.

Nice! I took about a month or so off and moved to SW Florida before I officially retired, so mine wasn't any where that...

 

[Y2KBug]

Congratz!

Thanks for that info......might wanna change your tag now that you are officially "retired!" LOL :toung:

Thanks! How's this?

 

[Buster]

It's official...CSRS retirees got a 1.5% COLA for 2014...Got my notice today.

 

[clester]

It's official...CSRS retirees got a 1.5% COLA for 2014...Got my notice today.

Next month the new insurance premium kicks in! I netted about $30/mo

 

[nnuut]

My insurance went up 10 bucks and Medicare $4.

 

[Buster]

I have BCBS basic and the monthly Prem. went up $10.00

 

[nnuut]

I have BCBS Basic also...and this year has been the LOWEST annual increase in over 10 years....by far.

Wait until next year! We are paying much less than a Bronze plan, that won't last for long!