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In response to "From BB - I think one reason my work has such a good sick time sell back/bonus is to try to counteract absenteeism. " by Dano

Probably true. I can't sell mine back, but it counts as time worked when I retire.

So if I retire with 6 months of sick leave on the books, I get credit for working another half year in the multiplier to determine my monthly payment.

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