The IRE website will be unavailable while we complete routine maintenance on Friday, April 16 from 8-10 am CT.
IRE favicon

Shop

Resource ID: #20609
Subject: Pensions
Source: Star-Ledger (Newark, N.J.)
Affiliation: 
Date: 18-May-03

Description

The Star-Ledger examines the huge sums necessary to cover the pay for local government employees who bank sick and vacation time. When those employees retire, they get paid for the extra time they worked on the job over the years. What this means, however, is that "taxpayers will pay nearly $1.5 billion to reimburse local government employees for unused sick and vacation time." The Star-Ledger breaks what is owed down on a per-capita basis and by county, and also includes what each town would owe if all their employees of this kind retired at once.

This file is not available for digital download. IRE members may place an order by emailing rescntr@ire.org

141 Neff Annex   |   Missouri School of Journalism Columbia, MO 65211   |   573-882-2042   |   info@ire.org   |   Privacy Policy
apartmentpenciluserscalendar-fullcrossmenuwarning linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram