Apply to convert Retention Leave to a monetary amount
In accordance with the Commissioners Determination 3.1 (Leave), eligible employees can elect to receive a payment instead of taking leave
To elect to convert retention leave accrued (preceding financial year) to a monetary amount the following eligibility applies:
Eligible employees are public sector employees who have completed 15 or more years of effective service and who is either:
employed under the Education Act 1972, Parliament (Joint Services) Act 1985 or PS Act; or
subject to the long service leave entitlements provided in the PS Act, either as a result of regulation 13 of the Public Sector Regulations 2010 or some other industrial instrument (i.e. an Enterprise Agreement)
An employee may elect to convert their retention leave accrued from the preceding financial year (period 1 July to 31 August (inclusive) to a monetary payment.
The monetary payment amount is fixed by regulation and indexed by CPI each year. A flat withholding tax rate of 38.5% is applied to retention leave balance conversion payments made to employees.
Apply each year between 1 July and 31 August only
Retention Leave Resources
- Frequently asked questions
Apply to convert retention leave entitlement to a monetary amount:
Provide your details on the Election to Convert Entitlement to a Monetary Amount form
Sign the form
Send via email, DX or postal address provided on the form