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Make a written election if they want to receive annualized compensation (12-month Salary Spread). If you have previously elected to receive annualized compensation (12month Salary Spread), that election will apply to each subsequent academic year without submission of a new election form. IRS regulations provide that once you have made an election, you may not revoke it prior to the next academic year. Cancellation of the annualized compensation election must be made in writing before the first.

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An agency may consider for restoration annual leave that was forfeited due to an exigency of the public business or sickness of the employee only if the annual leave was scheduled in writing before the start of the third biweekly pay period prior to the end of the leave year.

Any restored annual leave to the employee's credit must be liquidated by a lump sum payment.

An employee should get the following entitlements in their final pay: outstanding wages for hours they have worked, including penalty rates and allowances. any accumulated annual leave, including annual leave loading if it would have been paid during employment.

The leave earned over the maximum carryover limit is generally referred to as "use or lose" leave. With a few exceptions (outlined below), earned hours above the carryover limit not used before the end of the leave year are lost or "forfeited".

If you are requesting restoration of leave, a CD-479, Request for Restoration of Annual Leave, or memorandum to the approving official, must be completed and provide: The reason leave was forfeited or could not be used (illness, exigency or extended exigency of the service) along with a concise explanation of the facts.

Normally annual leave payouts are within 1-2 pay periods after you leave/retire.

An employee will receive a lump-sum payment for any unused annual leave when he or she separates from Federal service or enters on active duty in the armed forces and elects to receive a lump-sum payment.

If the employee fails to apply for leave or the employee does not go on leave, such leave would be forfeited. (The forfeiture is subject to more favourable provisions that may be contained in the contract of employment or the employer's leave policy).

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232