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Can annual sick leave cash-out be contributed to the VEBA-MEP?

April 26, 2017annual cash-out leave sick veba-mep

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Can annual sick leave cash-out be contributed to the VEBA-MEP?

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No. State law does not provide the authority for annual January cash-out funds to be contributed to VEBA-MEP. However, you may choose to not cash-out your unused sick leave annually, and instead accumulate more sick leave days which will increase your retirement cash-out amount.