The cash-strapped Chicago Public Schools system spends tens of millions of dollars annually on a perk that few other employers offer: cash to departing employees for unused time off.Public education sure is an "investment" for some! We know, "it's for the children".
Since 2006, the district paid a total $265 million to employees for unused sick and vacation days, according to an analysis of payroll and benefit data obtained by the Better Government Association under the Illinois Freedom of Information Act.
By far the largest share — $227 million — went to longtime employees for sick days accumulated over two or three decades.
Friday, February 03, 2012
Chicago Public Schools spends millions on workers for unused sick and vacation days
The Chicago Sun-Times reports: