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FERS Sick Leave Changes Dropped in Senate Bill: What Impact Should This Have on Your Retirement?
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Sick Leave and FERS
IRS-TAS
Fri Jun 12, 2009 8:48 AM
Post Reply
I have been with the IRS since 1988 in the FERS retirement system. I now have accumulated over 1500 of sick leave and I can retire as early as August 2010. I may lose those 1500 hours if Congress does not pass the legislation, but I am not upset. You see my wife also works for the government (USDA) and had life threatening surgery that kept her out of work for nearly six months. If she had not had her SL (almost as much as me) we would have suffered financially. Our FERS SL like an insurance policy and if you need it, it is great to have it!
FERS sick leave
Farm Service Agency
Fri Jun 12, 2009 8:51 AM
Post Reply
Thank you for putting this topic in perspective. I am one of many in FERS, ready to retire whenever I plan to.
I have been waiting on the outcome of this legislation, but know it can be a long haul.
You have given very clear and helpful suggestions for me and I would think others like myself.
FERS Flu
USDOJ retired
Fri Jun 12, 2009 8:52 AM
Post Reply
What's being over looked regarding "FERS FLU" is management letting employees abuse their sick leave. I retired from the Justice Department after 20 years and had almost 1,000 hours of sick leave accumulated. I was FERS. I used my sick leave responsibly and when appropriate and frequently. What we have is a generation of federal employees who don't know how good they have it compared to the rest of the US population.
Unused Sick Leave for FERS
DOT/FAA
Fri Jun 12, 2009 8:58 AM
Post Reply
Why not donate your sick leave before retiring to someone in your agency that is on the leave donation program? Your sick leave will provide great benefit to a person/family in great need.
Re: Unused Sick Leave for FERS
Fed
Fri Jun 12, 2009 9:24 AM
Re: Unused Sick Leave for FERS
CBP
Fri Jun 12, 2009 10:46 AM
Re: Unused Sick Leave for FERS
Army
Fri Jun 12, 2009 11:36 AM
A change that would allow people to donate sick leave to the leave donation pool for their organization or their area might be a good change IF sick leave can't be used toward retirement. I think it would be a nice alternative.
Re: Unused Sick Leave for FERS
DOD
Tue Jun 16, 2009 10:10 AM
True Story
Social Security Admin
Fri Jun 12, 2009 8:59 AM
Post Reply
My friend and colleague with 10 months accrued sick leave and 30 years of service became ill and had to be hospitalized. Upon testing, he had stage 3 colon cancer. His sick leave allowed him to get paid for 10 months, added to his service and then when it was gone, he retired. You never know what life brings. The year he was sick he also had tremendous out of pocket expenses since some doctors were not in network and even those in network, the co-pays mounted up. His personal savings saw him through. Saving, whether leave or money, is where people should put their efforts.
Penny Wise and Pound Foolish
Dept of Labor
Fri Jun 12, 2009 8:59 AM
Post Reply
Not allowing FERS employees to use Sick Leave towards their service accrual is a real example of being penny wise and pound foolish. There is a real reason that CSRS employees are allowed to use their Sick Leave for this purpose. It was because before that they were using up all their Sick Leave at the end of their careers, as well. Now FERS employees will only be able to use their Sick Leave by using it up, getting paid for it, and also accruing the time toward their retirement, as well.
I am not saying that all FERS employees will be abusing their Sick Leave, but if you are close to retirement and you wake up with a bad headache, are you really going to feel like toughing it out, or are you going to call in sick? If you have a doctor's appointment that takes up 4 hours, are you going to go in for half a day? Think about it.
Re: Penny Wise and Pound Foolish
Customs and Border Protection
Fri Jun 12, 2009 10:01 AM
The Value of Sick Leave
U.S. Forest Service
Fri Jun 12, 2009 9:21 AM
Post Reply
I am in the FERS system, will be 62 this year, and I plan to retire in December. I had accured nearly 600 hours of sick leave when I became very ill with fibromyalgia nearly 3 years ago. Since then I have had to use most of my sick leave for doctors visits, treatments, and bed rest. I am now down to 14 hours of sick leave, but I am doing much better. Thank God I had saved all of that leave - you just never know!