Californian’s $609,000 Check Shows True Retirement Cost

California employees accounted for 39 percent of that total. Since 2005, the state’s workers collected $1.4 billion for accumulated leave, calculated at their last pay rate, regardless of when the time was accrued. New Jersey Governor Chris Christie calls such payments “boat checks” because they can…

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Californian’s $609,000 Check Shows True Retirement Cost

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