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Leave · Retirement

Annual Leave Lump-Sum Payout Calculator

How much is your unused federal annual leave worth? Enter your hours and current salary to estimate the gross payout, tax withholding, and estimated net using the OPM ÷ 2,087 divisor.

The one number most calculators skip

Most retirement checklists say “you’ll get a lump-sum payment for unused leave.” This calculator gives you a current-salary estimate — including the hourly rate (salary ÷ 2,087, rounded to cent), federal supplemental withholding (22%), and full FICA. On 240 hours at a $100,000 salary: gross $11,500.80, net $8,090.81.

Find on your LES or agency HR portal. The 240-hr carryover ceiling does not cap your payout — final-year accruals are added on top (up to ~448 hrs for 15+ year employees).

Salary Input Method
$

Use your annual salary from your most recent SF-50 or LES — include locality pay. Exclude overtime, hazardous duty pay, and night differential.

Add prior wages for SS wage base check, state tax, or Additional Medicare.

How the formula works (5 U.S.C. § 5551)
Hourly rate = Salary ÷ 2,087 (OPM divisor), rounded to cent
Gross = Hourly rate × Leave hours
Taxes withheld: 22% federal + 6.2% SS + 1.45% Medicare + state
Enter your leave hours and salary above, then click Calculate My Payout to see the full breakdown.

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How the formula works (5 U.S.C. § 5551)

The lump-sum leave payment is governed by statute. Under 5 U.S.C. § 5551 and implementing regulations at 5 CFR Part 550, Subpart L, your payout equals:

Gross Payout = Leave Hours × Hourly Rate of Basic Pay
Hourly Rate = Annual Salary ÷ 2,087
(rounded to the nearest cent per 5 CFR 550 Subpart M — OPM statutory divisor)

The 2,087-hour divisor is fixed by statute — it represents 52 weeks × 40.136… hours (the OPM legislatively rounded work year). It does not change year to year. The rounding matters: $100,000 ÷ 2,087 = $47.9156…, which rounds to $47.92 — not $47.91. Multiplied by 240 hours, the difference is $0.06. Payroll systems round the hourly rate first; this calculator does the same.

“Annual Rate of Basic Pay” includes base GS pay plus locality pay (and special rate supplements if applicable). It excludes overtime, hazardous duty pay, night differential, Sunday premium, and retention incentives — these are not earned during projected leave.

FedTools 2026 worked example — verified to the cent

$100,000 salary · 240 hours · No prior wages · No state tax

Worked example: $100,000 salary, 240 leave hours, to-the-cent breakdown
Line ItemAmount
Annual salary$100,000.00
Hourly rate (÷ 2,087, rounded to cent)$47.92
Leave hours240
Gross payout$11,500.80
Federal withholding (22%)−$2,530.18
Social Security (6.2%)−$713.05
Medicare (1.45%)−$166.76
State tax$0.00
Net payout$8,090.81
Source: OPM Fact Sheet — Lump-Sum Payments for Annual Leave; IRS Publication 15 (2026); SSA 2026 COLA Fact Sheet ($184,500 SS wage base). FedTools 2026 original analysis.

Annual leave carryover ceilings by employee category

The ceiling applies at the start of the leave year — it does not cap your lump-sum payout.

Annual leave carryover ceilings by employee category
Employee CategoryCarryover Ceiling
Most GS/FERS employees (U.S.-based)240 hours (30 days)
Employees stationed overseas360 hours (45 days)
Senior Executive Service (SES, SL, ST)720 hours (90 days)
Source: OPM Fact Sheet — Annual Leave for Federal Employees.

Annual leave accrual rates by years of service

Final-year accruals are added to your carryover balance — both are paid out at separation. An employee retiring mid-year receives a pro-rated amount of the annual accrual.

Annual leave accrual rates by years of service
Years of ServiceAccrual RateMax Annual Accrual
0–2 years4 hrs/pay period104 hrs
3–14 years6 hrs/pay period156 hrs
15+ years8 hrs/pay period208 hrs

Maximum theoretical payout (15+ years, standard GS, year-end retirement): 240 carryover + 208 final-year accrual = 448 hours. At GS-13 Step 5 Washington DC locality (≈ $140,000/yr), that is approximately $30,300 gross.

The January retirement timing advantage

Under 5 CFR Part 550, Subpart L, your payout is calculated as the pay you would have received had you remained employed through the expiration of the projected leave period. If a general pay raise takes effect on January 1 and your leave period projects across it, hours on or after that date are paid at the new rate.

This is why “retire in January” appears in every federal retirement guide. An employee with 300 hours of leave who retires in December projects their leave into January — some hours are automatically paid at the new rate. Retiring in early January means the entire balance is paid at the new rate.

FedTools 2026 estimate: For an employee with 350 hours of leave on a $120,000 salary, a 1% general pay increase adds approximately $650–$800 to the gross payout (depending on how many hours project past the January 1 effective date). The calculator above does not prorate that future raise; enter the applicable salary you want to model. Use the FERS Retirement Date Optimizer to compare retirement-date tradeoffs.

How the lump sum is taxed — supplemental wage rules

The IRS classifies annual leave lump-sum payments as supplemental wages — not regular wages and not pension income. This classification is decisive for withholding:

  • Federal income tax: 22% flat (IRS Pub 15, 2026 — mandatory for supplemental wages under $1 million in the calendar year). This is withholding, not a ceiling; your effective tax rate is determined by your full-year income on Form 1040.
  • Social Security: 6.2% employee share, applied to wages up to the 2026 wage base of $184,500. If your salary alone already approaches $184,500, the SS withholding on your payout will be reduced or zero.
  • Medicare: 1.45% employee share on the full payout — no wage base ceiling. An additional 0.9% applies if total year income exceeds $200,000 (single).
  • State income tax: Most states tax lump-sum leave payments. Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming have no broad income tax.
Withholding vs. final liability: The 22% federal withholding is an IRS-required estimate. Your actual tax is computed on Form 1040 based on your total income and deductions. If the lump sum pushes you into a higher bracket only temporarily, you may owe more than 22%. If your overall effective rate is below 22%, you receive a refund of the over-withheld amount. Consult a tax advisor for retirement-year planning.

Phased retirement and special circumstances

Phased retirement: If you enter OPM's phased retirement program, your annual leave stays on the books — you do not receive a lump-sum payout when entering phased retirement. The payout occurs at full retirement when the phased retirement arrangement ends.

Within-grade increases (WGI): If a scheduled WGI would have taken effect during your projected leave period, the regulations entitle you to the next step's hourly rate for those hours. Payroll offices handle this calculation automatically. If you are unsure, enter the next step in the GS lookup or add the expected WGI to your direct salary input.

Law enforcement officers (LEOs): Law Enforcement Availability Pay (LEAP) is included in basic pay for lump-sum purposes under the OPM definition. If you receive LEAP, your salary already includes it — enter your full LEAP-inclusive salary via the direct input.

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Annual Leave Lump-Sum Tax Guide 2026
Full narrative: how the payout is taxed, January retirement timing, and what to expect.
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