Unused sick time, vacation boosts retiree compensation
By Brad Branan, Sacramento Bee
Thirteen local government employees in the capital region received lump-sum payments of more than $100,000 in 2014, the Sacramento Bee found in an analysis of data from the State Controller’s Office. The analysis included city and county governments in Sacramento, El Dorado, Placer and Yolo counties and did not include special districts.
The payments provide a big boost to an employee’s final-year salary and also increase their retirement benefits.
Lump-sum payments totaled $31 million in the region, the Bee analysis found.