Skip to main content
General Accounting Office Logo
  • Home
  • Publications
    • State of Arizona Accounting Manual (SAAM)
    • Technical Bulletins
    • Forms
    • All Agency Memoranda
    • CFO Meetings
  • AFIS
    • AFIS Information
    • Web Portal
    • Purchasing Cards
  • Payroll / RASL
    • Payroll Guide
    • RASL
  • Financials
    • AFR
    • CAFR
    • Single Audit
    • SWCAP
  • Travel
    • Travel Information
    • Travel Cards
  • Resources
    • Employment
    • Links
    • Tax Certificates
    • News
    • ICSA Surveys
    • Leases (GASB 87)
  • Systems
    • AFIS Production
    • APP
    • Openbooks
    • TraCorp
    • TRIRIGA Production
    • VenPay
    • YES
  • Training/Events
    • Training Registration
    • Training Resources
    • AFIS Training
    • Facilities Management Training (TRIRIGA)
  • Federal/Cost Accounting

Payment Alternatives

Although A.R.S. § 38-615 has been changed effective 9/30/09 to grant the Department of Administration the authority to make lump sum payments for all who are RASL eligible, a change to the payment policy is not being made at this time.

Payment without deferred compensation

If the individual (retiree) meets the requirements listed above, the first payment for the accumulated sick leave is normally made between 60 to 90 days from receipt of a properly completed Form GAO-SL-50 and Checklist by the General Accounting Office.  Any second payment is typically sent 1 year later, with any final payment sent 2 years after the first payment.   

Deferred compensation option

As an alternative to a payment, the retiree may be eligible to rollover a portion of a payment into the State of Arizona sponsored deferred compensation program.  To make a rollover into the deferred compensation program, the retiree must meet, at a minimum, the following requirements:

  • Enroll in the State sponsored deferred compensation program prior to termination from State service; and
  • Complete and return Form GAO-SL-50 and Checklist within 30 calendar days after termination of State employment (the retiree does not have 180 days to submit Form GAO-SL-50 and Checklist with this option); and  
  • Submit a “Deferral Notification Form” directly to the State sponsored deferred compensation provider.  To determine an estimated deferral amount, refer to the “Deferred Compensation Calculator” below.
Related Terms: 
RASL Information
Arizona State Seal
Contact Us
General Accounting Office
100 N. 15th Ave Suite 302
Phoenix AZ, 85007
Find in Google Maps
Phone: 602-542-5405
Map Image

Footer Utility

  • Statewide Policies
  • Site Map
  • Privacy Policy