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I retired on 12/31/2021 and when reading all your articles about when retiring at the end of the calendar year my annual leave lump sum check would be at the rate of the following year. Well I received my lump sum and it was at the 2021 rate of pay. Why did it not include the new cost of living raise for 2022? RESOLVED
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Since there was a pay adjustment effective January 2, 2022 and you retired December 31, 2021, your entire annual leave cash out should have included the pay adjustment. If it did not, contact you former finance center or maybe start with your former agency for the corrected amount to be issued to you. Blocked by moderator
 Posted by Elaine Lumsden (Questions: 0, Answers: 386) Answered on February 7, 2022 11:23 pm
Greetings Ms. Lumsden, I have the same situation as Janet, a previous question contributor. I've called DFAS and the representatives I speak with insist that since my retirement date was 31 December 2021, my 290 hours of unused annual leave is calculated at the base pay rate at the time it is earned, not at the 2022 rate when it was paid. The lump sum I was paid was calculated at the 2021 rate. DFAS insists they are correct calculating the lump sum at the 2021 pay rate. The 290 hours would carry me into the new 2022 pay periods after the raise. How do I get this corrected?
I join this group questioning the lump sum payment calculation. My retirement date was also 12/31/21 and my lump sum payment of annual leave reflected the pay rate on my retirement date. I've spent the last several months trying to get an answer to the lump sum payment calculation question. Numerous hours were spent writing emails and calling my agency, DFAS and OPM. All agencies deny being the one to own the question when presented with the regulation information (below). Question: Under what circumstances do these regs apply, if not for a Federal retiree?
5 CFR § 550.1203 - Eligibility. https://www.law.cornell.edu/cfr/text/5/550.1203
5 CFR § 550.1205 - Calculating a lump-sum payment. https://www.law.cornell.edu/cfr/text/5/550.1205
OPM's Fact Sheet - https://www.opm.gov/policy-data-oversight/pay-leave/leave-administration/fact-sheets/lump-sum-payments-for-annual-leave/ stating "Generally, a lump-sum payment will equal the pay the employee would have received had he or she remained employed until expiration of the period covered by the annual leave." I also understand that one can be paid for any holiday that fell in the time covered by annual leave.
Please let us know if anyone has successfully resolved the potential miscalculation of their annual leave lump sum payment.
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