Re: [TSPStrategy] When to Leave to Get Paid the Most for Your Leave

So how often do supervisors say, "Sure, take the next three months off, I'll see you on your last day"?

On Sun, Feb 26, 2023, 10:36 AM Dave in Dallas <datruedave+GroupsIO@gmail.com> wrote:

On Sat, Feb 25, 2023 at 01:40 PM, MD2018 wrote:

Well if you don't take annual leave your last year you could get paid for 448 hours of leave in cash. For some people depending on your pay rate that could be close to $30,000. And considering you might have earned the 240 carryover at a much lower rate. 

Yeah, like I said, I totally understand if someone needs a chunk of change to assist with the transition to retirement.  But those 448 hours would be worth a bit more if you took almost six pay periods off work instead of cashing them out.  Nearly 3 months of service that counts towards your retirement (plus free Agency matching TSP contributions, more leave earned, etc...).  I guess if you're planning on retiring at the end of the year, you should consider the fact that you can sell your leave back after a pay raise, where you wouldn't be able to use all those days after the pay raise.  But I'd rather have a few extra bucks coming to me forever, than just one time.  A few extra months of service seems to me to be the gift that keeps on giving. 

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