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 also receive
a payout of unused annual and personal leave in your final pay.
Sick Leave Payout Eligibility
Age | Years of Service |
Superannuation | 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 |