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Total Rewards frequently asked questions

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If I submit a waiver and retire in 2017, when will I receive a lump sum payment for vacation?

The lump sum payment for vacation that would have extended into 2018 will be processed in January 2018, on your final active pay cycle (biweekly – 1/24/18, monthly – 1/31/18) to allow for final accrual review and confirmation. If you have questions regarding taxes on your lump sum distribution, please work with your tax advisor.