Friday, March 15, 2013

California furloughs for workers will prove costly, report says

Los Angeles Times
The decision to furlough state employees during the financial crises of recent years may have saved money in the short term but will leave a big bill down the road, the Legislature's budget advisors said Thursday. The state will owe $1 billion extra to many workers when they retire or quit, for vacation time that went unused while they were being forced to take unpaid days off.