You can save up to 60 days of leave before entering use-or-lose status. Any days accrued beyond 60 days must be used before the end of the year it was accrued, and you cannot sell back use-or-lose leave. Issues to remember about selling terminal leave at retirement or separation include taxation—you will be taxed for the leave you sell back as it is essentially basic pay which is always subject to federal and state taxation unless certain requirements are met such as being in a hostile fire zone, receiving imminent danger pay, serving in a war zone, etc.
There may, depending on the year, current military policies, federal law, and other variables, be specific requirements on accrued leave to exempt it from taxation when you sell it back. For example, you may, depending on current policies, be required to have earned the leave you sell back in the combat zone, etc.
You will sell back x number of days up to your career-maximum cap of 60 days. If you divide your monthly basic pay by 30 the number of days averaged per month you will get the number you should expect to be paid pre-tax. Do not divide your entire paycheck for the month—you will get the wrong amount. Use ONLY your basic pay for this calculation.
Pro: You can get your basic pay for the entire number of leave days you sell back to the government. You can leave the military for good without still being on the books for the duration of your leave. This may be helpful for those who are trying to transition to certain types of jobs that may require your immediate availability upon retirement or separation without being subject to recall.
Pro : Selling terminal leave may provide some much needed cash for transition issues, especially if you must relocate from an overseas location or from a duty station that is far away from where you plan to settle once you have separated.
Furthermore, you are NOT paid allowances or other non-basic pay funds when you sell back leave. However, in certain instances a member may be placed on terminal leave. In view of the foregoing, it is concluded that subsection a of former 5 U. Reorganization Plan No. Section effective Sept. Please help us improve our site! No thank you. LII U. Code Notes prev next. Details of the leave program vary by Service. Paid ordinary leave is chargeable to your leave balance.
Terminal leave is regular, chargeable leave used immediately prior to separation or retirement from the military. Taking terminal leave lets you use accrued leave in lieu of selling the leave.
Terminal leave is granted at the discretion of your command. Military members who are unwell will present themselves to medical personnel, who will determine whether they should be kept from work. In certain circumstances, you may be able to sell unused leave. There is a limit to how much leave you can sell back during your term in the military, 60 days total. Leave may be sold back when you reenlist or when you separate from the military. Leave is an important part of your total military benefits package.
Take advantage of some of your other military benefits while enjoying your leave. Learn more about your military pay and allowances as well as other financial benefits. The appearance of hyperlinks does not constitute endorsement by the Department of Defense of non-U. Government sites or the information, products, or services contained therein. Although the Department of Defense may or may not use these sites as additional distribution channels for Department of Defense information, it does not exercise editorial control over all of the information that you may find at these locations.
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