The Benefits of Unused Annual and Sick Leave

Do you know the benefits of unused annual and sick leave? Of course, you should take sick days and vacation when appropriate, but at the time of retirement, unused leave can put you in a better position financially! Here's a graphic explaining your options:
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LASERS Releases New Video

Click here to view the video.

Did you know your unused leave can pay off at retirement? Find out how unused accumulated annual and sick leave can become an additional benefit by watching LASERS new educational video, now available on the LASERS YouTube channel and LEO. 

Please be aware that access may be denied to YouTube at your workplace because of filters put in place by your agency. LASERS has placed some educational videos on LEO in the event you are unable to view YouTube. Follow these instructions for the LEO Portal.

If you wish to be notified each time LASERS uploads a new video, we encourage you to subscribe to our channel by clicking the "subscribe" button located on the LASERS YouTube page. 

LASERS-Did you know?

A LASERS member cannot use sick and annual leave credit to attain eligibility for any benefits provided by LASERS.

Once retirement eligibility has been attained you may convert unused leave to service credit.

LASERS-Did you know?

A LASERS member canot use sick and annual leave credit to attain eligiblity for any benefits provided by LASERS.

Once retirement eligibility has been attained you may convert unused leave to service credit.

LASERS-Did you know?

A LASERS member cannot use sick and annual leave credit to attain eligibility for any benefits provided by LASERS.

Once retirement eligibility has been attained you may convert unused leave to service credit.

LASERS-Did you know?

When a LASERS member terminates state service, according to Civil Service rules, your agency may pay you up to 300 hours of annual leave when the member retires.

Most members have two choices relating to the remaining balance of their annual and sick leave, either converting the combined annual and sick leave to retirement service credit, or being paid a lump-sum actuarially for the leave.

LASERS-Did you know?

A LASERS member cannot use sick and annual leave credit to attain eligibility for any benefits provided by LASERS.

Once retirement eligibility has been attained you may convert unused leave to service credit.

LASERS-Did you know?

Most state agencies are required by law to pay a member up to 300 hours of annual leave at retirement. Payment for 300 hours is based on the member's hourly rate at termination.

For most members, you have 2 choices related to the balance of your annual and sick leave.

• convert to retirement service credit

• be paid a lump sum actuarially reduced payment for the leave(you must be terminated from state service for thirty days before receiving the lump sum)

LASERS-Did you know?

A member of the Louisiana State Employees Retirement System who is placed on or who voluntarily takes leave without pay is entitled to purchase service credit for each day that the member was on leave without pay.

The member must pay the system an amount, which on an actuarial basis, totally offsets the increased liability of the system, resulting from the service credit being purchased.

LASERS-Did you know?

Most state agencies are required by law to pay an employee up to 300 hours of annual leave at retirement. Payment for 300 hours is based on the member's hourly rate at termination.

For most members; you have 2 choices related to the balance of your annual and sick leave:

- convert to retirement service credit

- be paid a lump sum actuarially reduced payment for the leave (you must be terminated from state service for thirty days before receiving the lump sum).