Annual leave check and COLA

Category:
1
0

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
Blocked by moderator
Posted by (Questions: 1, Answers: 0)
Asked on February 7, 2022 10:37 pm
507 views
0
Private answer

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 (Questions: 0, Answers: 351)
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?
( at March 8, 2022 5:39 pm)