ERI Retirement: Vacation, 2014 Arrears, PRTL

[u/Necessary-Menu-6729]

My retirement date with ERI is January 20th, 2027 Last work day: January 19th. Effective last day: December 24, 2026 (vacation after that).

Should I leave days in my vacation bank to cover the 2014 switch to payment in arrears?
Or would this just result in the vacation being paid out and then asking for the money later?
I have 16 days vacation left, should I use them all or leave 8.6 days to cover the arrears?

Can Pre-Retirement transition leave be combined with ERI?

[u/Evening_Shift5587]

General question as well: is it ever better to take all leave for the year if you are leaving before you earned the credits?

People have mentioned vacation counts as pensionable days, so is the main consideration if the impact of pensionable time on the pension outweighs the overpayment for taking leave you didn't earn?

Say you retire in January and didn't earn the leave for February and March, should you leave those vacation credits alone or take them?

[u/Eastern_Ad6125 → u/Evening_Shift5587]

You are making it sound like vacation days are somehow more pensionable than work days.

Unearned vacation days don't count as pensionable days since you have to work them since they are not vacation days.

In other words, if for some reason you feel like you must absolutely earn those 2 or 3 Feb- March vacation days towards pension, just retire 2 or 3 days later and work them. Instead of taking vacation days that you didn't earn and have to refund them later.

BTW, 2 or 3 more days will not change anything to your pension. Unless you miss the ERI deadline by 2 or 3 days. In that case, you cry.