Set date in the OPM 71 Form

Aug 6th, 2022
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How to set date in the OPM 71 Form

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Good afternoon, everybody. Welcome to our event. Today, were going to be talking about Military Service Credit and Deposits. This is a topic that we get quite a few questions about. And Im hoping that all of you had a good time, like an easy time getting on and logging on and can hear me. Im not going to just shout out and ask everyone to respond, because otherwise were going to get a ton of questions in Qamp;A. Now, just some basics before I start. My name is Mike Evans. For those of you who dont know me, I have been at OPM for like over 30 years now. And a lot of my time has been spent in our Benefits Officers Training and Development Group. So, now its Benefits Officers, Liaison and Development. So, a little bit about myself, for those of you who dont know me or those of you who are new. Ive actually spent my entire career at OPM. I began working with lost and stolen checks whenever we actually still used to issue hard copy checks. Ive actually processed first CSRS and FER

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
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Always fill out an OPM 71 form when you need to take time off from work, even if your supervisor has given verbal approval. This will ensure that your accrued time off is accounted for properly, and will prevent any administrative issues from interfering with your time off request.
An employee should get the following entitlements in their final payment: All outstanding wages for hours worked, including penalty rates and allowances. Any accumulated annual leave.
Most employees can carry a maximum of 240 hours of annual leave from one leave year to the next. Use or lose annual leave is the accrued annual leave above the maximum carry over amount. You must use your excess annual leave by the end of a leave year or you will lose it (or forfeit it).
Comp time expires one year (26 pay periods) after it is earned. When you docHub the expiration date, what happens depends on whether you are an exempt or non-exempt employee : If you are exempt: you will forfeit the leave.
Normally annual leave payouts are within 1-2 pay periods after you leave/retire.
As a minimum, you must pay your employee at their base rate of pay for the hours they ordinarily would have worked during a period of annual leave up to 38 hours per week. However, they may be entitled to more than this, depending on whats written in their modern award, registered agreement or employment contract.
When an employee leaves they are paid annual leave and long service leave, but no superannuation. This means that when an employer wont let the employee work out their leave, the employee misses out on the super.
Use or lose annual leave is the amount of accrued annual leave that is in excess of the employees maximum annual leave limitation for carry over into the next leave year. Employees must use their excess annual leave by the end of a leave year or they will lose (forfeit) it.

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