Lawrence Livermore National Laboratory


Sick Leave Advance

Employees eligible to accrue sick leave, excluding indeterminate time and employees in the Scholars Program, may be granted an advance of two weeks of sick leave to cover their own illness or to care for an ill family member. A sick leave advance may only be granted to an employee who has less than 80 hours of sick leave accrued at the time of the request. When using sick leave, accrued sick leave will be used and exhausted prior to use of the advanced sick leave. The sick leave advance is effective the Sunday prior to the request date and can be used as early as the week requested; retroactive requests are not permitted.

For more information, see Sick Leave Advance in the Leave Management Section: https://benefits.llnl.gov/leave-management


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401(k) Plan 2020 IRS Limits Announced

The general contribution limit in 2020 for 401(k) plans will increase to $19,500 (combined for pre-tax and Roth) which is an increase of $500 from 2019. In addition, employees age 50 or older as of December 31, 2020 are able to contribute an extra $6,500 (an increase of $500 from 2019) by making a separate catch-up contribution election.

The maximum annual total 401(k) contribution in 2020 will increase to $57,000 in 2020 (an increase of $1,000 from 2019); this limit includes all employee contributions (including mandatory employee contributions to the LLNS Defined Benefit Plan, if applicable) and employer matching and service based contributions (excluding catch-up contributions).

The employee compensation that is eligible to be considered in calculating contributions to defined contribution plans (e.g., 401(k) plans), will increase to $285,000. This compensation limit also applies to the eligible compensation that can be recognized in determining Defined Benefit Pension plan benefits.


Financial Education Workshops

For a complete list of the 2020 financial education workshops, click here.