Across the state's 565 cities and towns, local government workers are owed $1 billion in accumulated leave that can be cashed out at retirement.
Former Gov. Chris Christie derided the payouts as “boat checks” that allow government workers to sail off into the sunset when they retire.
Year after year, the payments produce negative headlines as well-placed senior administrators walk awayBut just how much are those benefits costing municipalities? The short answer is, a lot. Note to readers: if you purchase something through one of our affiliate links we may earn a commission.
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