Leave Cash-out Eligibility

• College of Medicine, IFAS, Levin College of Law, or Out-of-Unit: Lifetime maximum cash-out is 200 hours of vacation time.
  • Leaves Regulation 1.201
• In-Unit Faculty: Lifetime maximum cash-out is 352 hours of vacation time. If hired before 4/1/2010 with 10 or more years of creditable service, you can also cash-out 1/4 of your sick leave, up to 480 hours.
  • UFF-UF Collective Bargaining Agreement

• TEAMS: Lifetime maximum cash-out is 200 hours of vacation time.
  • • Leaves Regulation 1.201

• Law Enforcement Officer or Sergeant: Lifetime maximum cash-out is 200 hours of vacation time.
• Law Enforcement Lieutenant: Lifetime maximum cash-out is 352 hours of vacation time.
• For Law Enforcement Officers, Sergeants, or Lieutenants hired before 1/1/2017 and retiring, you can also cash-out 1/4 of your sick leave, up to 480 hours.
  • Florida Police Benevolent Association Lieutenant’s Contract
  • Florida Police Benevolent Association Contract

A lifetime maximum is the greatest amount of leave that can be cashed out for an employee during any employment at UF. These levels are determined by your appointment classification.

If you received a prior cash-out upon separation from UF employment, it may impact your current eligibility. Contact central-leave@ufl.edu to determine your prior cash-out amount.

Note: Upon separation, all available hours up to the lifetime maximum must be cashed out.

If your cash-out is under $5,000 payment will be sent electronically to the banking information you have on file.

• An employee may make changes their banking information by visiting myUFL and then navigating to My Self Service > Payroll and Compensation > Direct Deposit
• The amount is subject to state retirement contribution and applicable payroll taxes.

If your cash-out is $5,000 or greater, payment will sent via a one-time, tax deferred retirement contribution account.

• This policy is outlined in the Special Pay Plan.
• A 401(a) account will be established with Fidelity Investments to receive these funds once you request your cash-out. Fidelity Investments will contact you by mail with more information regarding your account.
• Through the Special Pay Plan employees may invest, rollover, or distribute these funds.
• If the estimated value of your cash-out is greater than the current Calendar Year Contribution Limit and you wish to consider a deferment option, please contact UFHR Benefits at benefits@ufl.edu.
• Visit myUFL to make sure your mailing address is current since this is the information that will be provided to Fidelity when establishing the account. If you need to update this information after requesting the cash-out please contact Fidelity Investments directly.