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California's Retiring State Workers Cash in Accumulated Unused Vacations for Big Bucks
Los Angeles Daily News 
Oct. 14, 2012
"An analysis of the last three years of government salary data shows state employees are continuing to store up massive banks of vacation, instead of heading to Big Sur or hitting the slopes at Lake Tahoe. They're cashing in by retiring with whopping final paychecks worth, in some cases, more than $500,000 in unused time off.... [I]n the private sector, employers cap vacation accruals and make workers take their time off before they can accumulate more."
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