Employees may be eligible for a payout of their sick leave upon retirement. You must begin to draw a monthly lifetime retirement annuity within 90 days of separation. Below is the criteria for payment of sick leave. If eligible, you will receive a leave payout of unused annual and personal leave in your last paycheck.

Sick Leave Payout Eligibility

Age Years of Service
60 5 Years of Credited Service
Prior to Age 60 25 Years of Credited Service
Any Age with Approved Disability Retirement 5 Years of Credited Service

*Credited service includes years of service credited by retirement plan (SERS, PSERS or ARP).  May include purchased service.

 

Sick Leave Payment Schedule

Days Available at Retirement Percentage Buy-Out Maximum Days
0 - 100 30% 30
101 - 200 40% 80
201 - 300 50% 150
Over 300 100% of days over 300 15