I will be able per the rules of my retirement plan (CSRS) to retire on my 55th birthday, which is in January of 2013...so 15 1/2 months from now. However, if I want to be able to get paid for another year's worth of vacation time (208 hrs or a little over 5 weeks) I'd have to work until the end of December of the same year. If I did that I could also contribute another $22,500 to my TSP (401k) and my pension would also increase by an additional 2% for the rest of my life. Not saying I'd work the extra year but that's the way it would work out for me. In my opinion, the optimum time for a fed worker under the CSRS system to retire is the very end of December or the first couple of days of January....mainly to be able to get paid for the maximum amount of vacation leave (Annual Leave).
“Change is the law of life. And those who look only to the past or present are certain to miss the future.”
-John F. Kennedy
“Hard work never killed anybody, but why take a chance?” - Edgar Bergen