Under some conditions you may be eligible to take the cash value of your accumulation. You may also want to take a look at the TIAA-CREF web site. Vacation accrual payment is subject to pension withholding. Claiming a vacation does not constitute working a notice. There is no provision for taking the cash value of sick or holiday leave upon termination.
Retirement is a very special type of termination.
A retiree is one who voluntarily terminates employment at Lenoir-Rhyne after age 55 and whose age plus length of service equal at least 70. As you have planned your retirement, you will have considered your TIAA-CREF pension accumulation. Remember to keep TIAA-CREF up to date on your plans and to allow them six to eight weeks to process any requests for payment. You have many options regarding your pension. You may not have to start annuity payments as soon as you leave your post, depending on your age and other factors.