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Reps. Jim Moran and Frank Wolf have teamed up on a bill to give retiring federal workers a new sick leave benefit.
Under current law, federal sick leave operates under a “use it or lose it” policy, and many retirees take off large amounts of accrued sick time before they officially retire.
The Virginia lawmakers' bill would allow retiring employees to cash out sick leave, earning 15 percent of their hourly pay for each hour of leave accrued beyond 500 hours. The benefit would max out at $10,000.
“We need to be incentivizing the accrual of sick leave, not keeping a policy in place that encourages people to call in sick in the weeks leading up to retirement,” said Moran, D-Va., in a statement.
The bill includes the 500-hour threshold, roughly three months of work, to encourage workers to accrue sick time that could be used in the event of a long-term disability.
--Neil Simon
Under current law, federal sick leave operates under a “use it or lose it” policy, and many retirees take off large amounts of accrued sick time before they officially retire.
The Virginia lawmakers' bill would allow retiring employees to cash out sick leave, earning 15 percent of their hourly pay for each hour of leave accrued beyond 500 hours. The benefit would max out at $10,000.
“We need to be incentivizing the accrual of sick leave, not keeping a policy in place that encourages people to call in sick in the weeks leading up to retirement,” said Moran, D-Va., in a statement.
The bill includes the 500-hour threshold, roughly three months of work, to encourage workers to accrue sick time that could be used in the event of a long-term disability.
--Neil Simon