How does annual and sick leave affect retirement?

If you retire in state service, or out of state service with at least 20 years of service credit, your unused leave can either be converted to service credit to increase your monthly benefit or be paid to you in a lump sum. The lump sum payment is at an actuarial rate, not your hourly rate.

For details, see the Unused Annual and Sick Leave chapter in the Member’s Guide to Retirement or watch the video Annual and Sick Leave: How it Affects Your Retirement.