Number of the day: $15,000

October 26, 2010 | Number of The Day

Non-union public employees in New Jersey will no longer be able to “bank” unused sick leave beyond
and will be prohibited from carrying over vacation time more than one year, if Governor Chris Christie signs S-2220/A-3392. The bill was approved unanimously by both houses of the Legislature.

Passing the bill was seen as critical to municipalities in order to live under a 2 percent cap on local property tax hikes. In announcing the bill’s passage on Monday, state Senator Paul Sarlo (D-Bergen), the prime sponsor of the bill in the Senate, pointed to a recent Asbury Park Press story that highlighted the retirement of 14 Stafford Township municipal workers – mostly police officers –with $722,000 in banked sick leave and unused compensation.

The bill’s provisions will apply to all New Jersey public employees not covered by a collective bargaining agreement, regardless of date of hire. However, any employee that has already banked more than $15,000 in sick leave will not lose what was already put aside. Instead, it will be frozen at current levels.