The Proposed Federal Benefit That Won’t Die

A proposal to allow federal employees under the FERS system to get credit for unused sick leave did not get through the legislative process last year and was recently eliminated in new legislation during the legislative process. The proposal is back again though in a bill that has an assortment of new, improved benefits for portions of the federal workforce.

FERS, Sick Leave and Your Retirement: How Much Is This New Benefit Worth to You in Dollars and Cents?

A bill is moving through Congress that would allow FERS employees to count unused sick leave in computing retirement benefits. Is it more beneficial to take the leave or to save it for using in computing retirement benefits? Here are a few considerations–if this bill does get passed by Congress.