The Assembly today unanimously passed tool kit legislation to limit the unused sick-leave payouts and vacation carry-over for all public employees.
The bill – which passed 78-0 – now heads to the Governor’s desk, as the Senate cleared the measure last month.
“One of the fastest growing fiscal concerns for towns is the enormous payouts that need to be given to some retiring employees for unused sick and vacation time,” said bill sponsor state Sen. Paul Sarlo (D-Wood-Ridge). “Left unchecked, these bonuses can easily match the salary of a full-time employee, if not more. If towns are to be able to remain viable under the new property tax cap, this reform is sorely needed.”
Under the Sarlo measure (S-2220), “all public employees would be brought under the $15,000 cap in unused sick leave that is in effect for workers hired after June 2007. Employees who have not accumulated $15,000 worth of unused leave would be capped once they reach that amount. Employees who have accrued in excess of $15,000 in unused leave would be frozen at their current level.”