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August 23,1999
MEMORANDUM FOR DIRECTORS OF PERSONNEL AND AGENCY
PAYROLL OFFICES (CPM 99-2)
| FROM: |
HENRY ROMERO
ASSOCIATE DIRECTOR
FOR WORKFORCE COMPENSATION AND PERFORMANCE |
| SUBJECT: |
Implementation
of Final Regulations on Lump-Sum Payments for Annual
Leave
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On July 8, 1999, the Office of
Personnel Management (OPM) issued final regulations on lump-sum
payments for annual leave (64 FR 36763). The final
regulations become effective on September 7, 1999, and apply only
to lump-sum payments made by an agency on or after the effective
date.
The final regulations establish a
uniform Governmentwide policy for calculating lump-sum payments
for accumulated and accrued annual leave for employees who
separate from Federal service in accordance with 5 U.S.C.
5551 or 5552. OPM's final regulations provide
that the types of pay to be included in a lump-sum payment are
those the employee would have received on a biweekly basis had
the employee remained in Federal service on annual leave, except
allowances that are paid for the sole purpose of encouraging an
employee to remain in Government service (e.g., retention
allowances).
It is very important that
agencies implement the regulations on time. An employee separating
on or after September 7, 1999, must have his or her lump-sum
payment for annual leave adjusted to reflect OPM's new
regulations. A copy of the
regulations can be found on OPM's web site at http://www.opm.gov/fedregis/html/jul_99.htm.
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