TRENTON, N.J. – Take a look inside a typical public employee union contract – including teacher contracts – and you’ll find provisions that give public servants a payout for any unused sick or personal leave time they have banked.
Sometimes the payouts come incrementally, like at the employees’ 10th anniversary. More often they come at retirement. The payments are almost always based on the employees’ current or final salary, rather than the amount they were making when they banked the unused day off.

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