To be eligible for payment of sick leave upon retirement, SPFPA/POA employees must meet the following criteria:
- Retirement at age 60 or above with at least five years of credited service in the State and/or Public School Retirement Systems*, or
- Disability retirement, which requires at least five years of credited service in the State and/or Public School Retirement Systems*, or
- Other retirement with at least 25 years of credited service in the State and/or Public School Retirement Systems*, and
- Must retire and begin drawing a lifetime annuity from one of the State System's retirement plans. Employees who elect to "retire" but choose to defer their monthly retirement annuity upon separation are not eligible to receive payment of unused sick leave even if all other criteria are met.
*Superannuation age under the State System's Alternative Retirement Plan shall be 60 years of age with at least five years of Commonwealth/State System service or any age with at least 25 years of Commonwealth/State System service
| Days Available at Retirement | Percentage Buy-Out | Maximum Days Paid |
|---|---|---|
| 0-100 | 30% | 30 |
| 101-200 | 40% | 80 |
| 201-300 | 50% | 150 |
| Over 300 (earned in last year of employment) | 100% of days over 300 | 13 |
Leave balances are reported on ESS as the number of hours an employee has accrued. To convert hours to days, divide the number of leave hours accrued by 8.0 for SPFPA/POA employees.