Tuesday, March 18, 2008

Employees May Be Rewarded for Good Health

Rep. James P. Moran, Virginia Democrat, outlined a plan to give feds a cash payment at the time of retirement for unused sick leave.

Employees under the Civil Service Retirement System have that benefit, but the majority of feds, under the newer Federal Employees Retirement System, have only a use-it-or-lose-it option.

Mr. Moran's plan, outlined at the Federal Managers Association convention in Arlington, requires approval of Congress and the White House.

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