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  1. #46
    Nole795's Avatar
    Nole795 is offline Human Iguana Nole795 has a reputation beyond repute Nole795 has a reputation beyond repute Nole795 has a reputation beyond repute Nole795 has a reputation beyond repute Nole795 has a reputation beyond repute Nole795 has a reputation beyond repute Nole795 has a reputation beyond repute Nole795 has a reputation beyond repute Nole795 has a reputation beyond repute Nole795 has a reputation beyond repute Nole795 has a reputation beyond repute
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    Quote Originally Posted by SSA1811 View Post
    On Tuesday (tomorrow), Rep. James Moran, D-Va, will tentatively intoduce a bill that would provide employees under the Federal Employees Retirement System ("FERS") with a one-time payment of up to $10,000 for any remaining sick leave at retirement.

    The catch? The bill would only authorize the government to pay 15 percent of the hourly rate of a retiree's final salary for any sick leave balance of more than 500 hours. (You've got to do your own math, but 15 percent? and only if you have more than 500 hours?)

    http://www.govexec.com/story_page.cf...dcn=todaysnews


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  2. #47
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    Switchback is offline Just milling around... Switchback has a reputation beyond repute Switchback has a reputation beyond repute Switchback has a reputation beyond repute Switchback has a reputation beyond repute Switchback has a reputation beyond repute Switchback has a reputation beyond repute Switchback has a reputation beyond repute Switchback has a reputation beyond repute Switchback has a reputation beyond repute Switchback has a reputation beyond repute Switchback has a reputation beyond repute
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    LOL Same here.

    I know it will certainly pay off, having a doc who is a friend of the family. ;)
    We bring evil things to evil people, kicking in a door near you!

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  3. #48
    Group9's Avatar
    Group9 is offline Hurricanes suck! Group9 has a reputation beyond repute Group9 has a reputation beyond repute Group9 has a reputation beyond repute Group9 has a reputation beyond repute Group9 has a reputation beyond repute Group9 has a reputation beyond repute Group9 has a reputation beyond repute Group9 has a reputation beyond repute Group9 has a reputation beyond repute Group9 has a reputation beyond repute Group9 has a reputation beyond repute
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    I'm already starting to feel a little under the weather. :D
    "Man who say it cannot be done should not interrupt man doing it."

    Old Chinese Proverb

  4. #49
    Silver Fox is offline Banned Silver Fox has a reputation beyond repute Silver Fox has a reputation beyond repute Silver Fox has a reputation beyond repute Silver Fox has a reputation beyond repute Silver Fox has a reputation beyond repute Silver Fox has a reputation beyond repute Silver Fox has a reputation beyond repute Silver Fox has a reputation beyond repute Silver Fox has a reputation beyond repute Silver Fox has a reputation beyond repute Silver Fox has a reputation beyond repute
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    I retired from a state LE agency at age 55 with 30 years of service including my military time and am drawing 50 K per year pension with an annual 2% COLA plus health and life insurance.
    A lot depends on where you live, whether you're making vehicle and other long range monthly payments, is your home mortgage paid off, what it costs to live in the area of your residency, etc. This has a lot to do with how much income you'll need to live comfortably after you retire.
    Too many federal, state and local Govt. employees live from one payday to the next and don't look down the road and plan for future retirement.
    If I had it to do over again I would've planned differently.
    However, my home and 2 vehicles are paid off and I use one credit card which I try to pay off each month.
    My wife and I eat out several times a week and we manage to live comfortably on my pension and minimum bare bones SS benefits.

  5. #50
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    GoDirectly2Jail is offline Do Not Collect $200 GoDirectly2Jail has a reputation beyond repute GoDirectly2Jail has a reputation beyond repute GoDirectly2Jail has a reputation beyond repute GoDirectly2Jail has a reputation beyond repute GoDirectly2Jail has a reputation beyond repute GoDirectly2Jail has a reputation beyond repute GoDirectly2Jail has a reputation beyond repute GoDirectly2Jail has a reputation beyond repute GoDirectly2Jail has a reputation beyond repute GoDirectly2Jail has a reputation beyond repute GoDirectly2Jail has a reputation beyond repute
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    Quote Originally Posted by Group9 View Post
    I'm already starting to feel a little under the weather. :D
    If I tried that where I work, they would start the FMLA clock on me. 900+ hours of sick leave accrued, and it doesn't matter since I can only use 480 hours of it under FMLA... :mad:
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