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Bill would 'cash out' federal sick leaveA proposed law would give U.S. federal employees the ability to cash out some unused sick leave when they retire. U.S. Rep. James Moran, D-Va., wants to change the current Moran pointed to a recent government study that estimated the cost of the current regulations to the taxpayers at about $68 million per year, The Washington Post said Tuesday. The proposal would specifically cover the Federal Employees Retirement System, which applies to about three-quarters of the federal workforce. The Post said FERS employees eligible to retire used nearly 35 percent more sick leave that employees covered under the previous system. A spokesman for Moran, whose district includes a high number of Washington federal workers, said the plan would be studied by the Congressional Budget Office and could be scaled back if deemed too expensive. Copyright 2008 by United Press InternationalPublication date: 11 March 2008 Source: UPI-1-20080311-10462800-bc-us-sickleave.xml Archive
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