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Resource ID: #20609
Source:Star-Ledger (Newark, N.J.)
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.
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