[EVO X]

I don’t think CA has even bothered to make the most obvious and easy of reforms. For example, end the practice of allowing pension “spiking” whereby retiring employees sell back accumulated sick and vacation time, which is then counted as salary for the pension calculation. And AFAIK there is no limit to how much sick and vacation time can be accrued. People take full advantage of this and end up with pensions greater than their final year salary.

Vacation and sick leave payouts aren't the big problem. What really hurts is the end of career salary spikes if allowed, lack of matching contributions, and crappy investment decisions.

[barefoot_hiker]

Dunno. Seems like if someone sells back $30K worth of leave x 90% (public safety pension), thats an additional $27K per year of pension for life. That increment is larger than the entire annual pension many private sector works end up getting.

For a public employee making $60-$80/hr, it’s not that hard to accumulate a large pot of unused leave.

I have no issue with the unused leave being paid out, but including it in the pension calculation is absurd. I also think they need a “use it or lose it” rule regarding unused leave time (like most all private companies have). Allowing the accumulation of unused leave without limit is also financially unsound.