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To: nascarnation

Cali has some impressive retirement benefits.

I remember reading how many govt retirees make over 100 grand and 200 grand per year.
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California simply needs a “use it or lose it” law/regulation (at the end of the year the employee can only “carry over” to the new year a maximum amount of leave—any balance above that maximum each year is lost) and they need to ENFORCE IT.

Oh...on second thought forget about it; I just remembered that the California taxpayers work for and serve the government employees and not vice versa.


8 posted on 04/08/2014 9:13:38 AM PDT by House Atreides
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To: House Atreides
My company policy accrues PTO hours as a percentage of hours worked. Employees with under 10 years service are permitted a backlog of 380 hours. Over 10 years is permitted a backlog of 480 hours. Recently, the rules were changed such that once you hit the limit, nothing further is accrued against your labor i.e. they begin stealing your vacation. The consequence of that policy change is that employees in danger of hitting the limit start taking days off and screwing with your staffing. The rule for "cash out" is that you can only cash out the accrual from the current calendar year. Any other hours must be taken as paid vacation. Why not? It's time off with full benefits. A cash payout gets whacked at the highest marginal rates.
10 posted on 04/08/2014 9:48:31 AM PDT by Myrddin
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