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<NewsItem contentIssues="false" id="160641" important="false" status="posted" url="https://my3.my.umbc.edu/groups/ocga/posts/160641">
<Title>FY2027 Updated Leave Payout Rate 0.876% to 0.87%</Title>
<Tagline>From 3 decimals to 2</Tagline>
<Body>
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    <p>The terminal leave rate for FY2027 is being updated from 0.876% to 0.87% to keep consistency with having two decimal places instead of three.</p>
    
    <p>See the <a href="https://financialservices.umbc.edu/cost-accounting-analysis/leave-payout-rate-guidance/" rel="nofollow external" class="bo">Leave Payout Rate Guidance webpage</a> for explanations, relevant dates, details, and FAQs.</p>
    </div>
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<Summary>The terminal leave rate for FY2027 is being updated from 0.876% to 0.87% to keep consistency with having two decimal places instead of three.    See the Leave Payout Rate Guidance webpage for...</Summary>
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<PostedAt>Wed, 10 Jun 2026 10:12:05 -0400</PostedAt>
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<NewsItem contentIssues="false" id="160461" important="false" status="posted" url="https://my3.my.umbc.edu/groups/ocga/posts/160461">
<Title>FY2027 Updated Leave Payout Rate</Title>
<Tagline>New annual update to the Leave Payout Rate</Tagline>
<Body>
<![CDATA[
    <div class="html-content">
    <p>The terminal leave rate for <strong>FY2027</strong> is 0.876%. This is effective July 1, 2026 through June 30, 2027.</p>
    <p>See the <a href="https://financialservices.umbc.edu/cost-accounting-analysis/leave-payout-rate-guidance/" rel="nofollow external" class="bo">Leave Payout Rate Guidance webpage</a> for explanations, relevant dates, details, and FAQs.</p>
    </div>
]]>
</Body>
<Summary>The terminal leave rate for FY2027 is 0.876%. This is effective July 1, 2026 through June 30, 2027. 
 See the Leave Payout Rate Guidance webpage for explanations, relevant dates, details, and FAQs.</Summary>
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<Sponsor>Office of Contract and Grant Accounting (OCGA)</Sponsor>
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<PostedAt>Mon, 01 Jun 2026 09:53:37 -0400</PostedAt>
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