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State Workers: Sick time reform pitched
Government workers would no longer be able to be paid for unused sick leave but could use the value of that time to offset their costs for health benefits after retirement, under the latest legislative proposal to revamp sick-leave rules.
Assemblywoman Pamela Lampitt, D-Camden, introduced legislation this week that would attach an actuarial value to accumulated sick leave that exceeds 60 days, then permit retiring public employees to use that value to reduce their post-retirement medical benefits by up to $7,500.
Retired public workers who choose a medical plan that requires them to pay $1,500 a year from their pension toward their benefits, for instance, could use the value of those unused days to eliminate that cost sharing for five years. (Symons, Gannett)
https://www.dailyrecord.com/article/20111130/NJNEWS/311300043/Sick-time-reform-plan-pitched
