Unused Sick Leave Boosts Retirement

This is a news story, published by Yahoo Finance, that relates primarily to the Bureau of Labor Statistics news.

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Unused sick leave

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unpaid sick leave

Moneywise

•

Business

Business & Economics

How to use unused sick leave to boost your pension and ease into retirement

Summary

Nutrition label

70% Informative

Around 77% of workers have access to paid sick leave, according to the Bureau of Labor Statistics .

Some companies allow you to bank your sick leave rather than following a “use it or lose it” policy each year .

When you eventually leave your job, you may be for a payout for your unused sick leave.

For some workers, taking a payout or increasing a pension benefit makes good sense.

By planning strategically, you can transition smoothly into retirement while maintaining financial stability.

This article provides information only and should not be construed as advice. It is provided without warranty of any kind. This article does not provide any legal advice. The information is provided by the author of this article and is not intended to be consideredadvicein any kind.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful