Fedweek

As you probably know, when you retire, you’ll be given a lump sum payment for any unused annual leave, writes benefits expert Reg Jones. “What you may not know is that unused annual leave is projected forward, just as if you were still on the rolls; and it is paid at the rate in effect at that time,” he writes. You’ll find his column at https://www.fedweek.com/experts/default.asp.