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FERS Sick Leave Credit And Other Perks Included In 2010 Defense Authorization Conference Committee

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FERS Sick Leave Credit And Other Perks Included In 2010 Defense Authorization Conference Committee

By MyFederalRetirement
Posted: 10-20-2009



October 8, 2009

House and Senate members of the 2010 Defense Authorization conference committee yesterday included several improvements to civil service retirement in the final legislation.

The agreement -- which both the House and Senate must vote on before it becomes law -- offers the following for federal employees:

- Phases in the allowance of unused sick leave to be applied toward length of service for purposes of computing a retirement annuity under the Federal Employee Retirement System (FERS).

- Allows former federal employees who receive a federal annuity from other than the Civil Retirement and Disability Fund to retain their annuity if reemployed by DOD.

- Authorizes federal agencies to reemploy retired federal employees under certain limited conditions, without offset of an employees' annuity against their salary, and requires the Comptroller General to report on the use of this authority.

- Allows former federal employees under the Federal Employee Retirement System (FERS) who withdrew their contributions to the retirement trust fund, thereby waiving retirement credit for those years of service, to redeposit their earlier contributions, plus interest, upon reemployment with the federal government.

- Allows employees under the Civil Service Retirement System (CSRS) to take their highest salary, including their deemed full-time salary for years of part-time work, to be used in computing benefits derived from a pre-1986 salary.

- Phases out cost of living allowances for federal employees working in Hawaii, Alaska, and other non-foreign U.S. territories, and would phase in locality comparability pay in place of the allowances.

The conference report also repeals the authority for the NSPS and requires the transition of NSPS employees to previously existing civilian personnel systems, while providing DOD with new personnel flexibilities -- in the areas of hiring and assigning personnel and appraising employee performance -- that would extend across the entire DOD civilian workforce.

The National Active and Retired Federal Employees Association (NARFE) President, Margaret L. Baptiste, expressed praise that a compromise was reached on the FERS sick leave legislation by phasing in the allowance.

When Congress created FERS in 1986, the benefit of allowing workers to apply their unused sick leave toward retirement was traded off for other FERS benefits not available under the Civil Service Retirement System (CSRS). "However, with the benefit of 23 years of hindsight, we recognize that the inequity in the treatment of accrued sick leave between FERS and CSRS has hurt productivity and increased agency costs. For that reason, we have strongly supported the concept that all federal civilian retirement programs credit unused sick leave toward retirement," Baptiste said.
To view the conference report release, click here.

Posted with Permission from: MyFederalRetirement.com



FERS Sick Leave Credit And Other Perks Included In 2010 Defense Authorization Conference Committee
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