This is in reference to the story about the retiring police chief in Gloversville who received $63,000 in buyouts.
This is handled by most companies by limiting how many hours of vacation can be carried over from year to year; sick leave also is a use-it-or-lose-it scenario in a given fiscal year.
If city employees would be made to use their vacation down to the max amount that can be carried over in any given year, when it comes to retirement, the most on average they could cash in would be two weeks.
Come on, Gloversville, most companies have this sort of policy. This is not that difficult to figure out. Stop bankrupting your taxpayers