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Senate President Steve Sweeney on Tuesday introduced a bill to curtail the practice of public employees cashing out sick time when they retire
Senate President Steve Sweeney on Tuesday introduced a bill to curtail the practice of public employees cashing out sick time when they retire, allowing workers to keep the amount of money they’ve accrued but preventing them from banking any more sick leave going forward.
Legislation to curb sick-time payouts has been stalled since December 2010, when GOP Gov. Christie vetoed a measure to allow for a $15,000 payout cap going forward, saying that cash value of unused sick time should be eliminated. Christie also wanted current employees to draw down on their banked time when taking future vacation or sick days – something he has since backed off. (DeFalco, Associated Press)
