PATERSON, NJ - Paterson was one of many school districts around New Jersey that failed to comply with a state law requiring them to disclose in their budgets the value of sick and vacation time accrued by administrators making more than $75,000 per year.
Paterson school officials said the missing information was an oversight and would be added to the budget. The district has 50 administrators who make more than $75,000 for whom the information would have to be provided.
As required by the law, the district's "user-friendly" budget on its website lists those administrators, their salaries, how much the districts for their health insurance, and how many sick and vacation days they get per year. But it does not say how many unused sick and vacation days they have accumulated and how much they would receive if they cashed those days in at retirement.
A Star-Ledger story said that the information was not provided for more than 60 percent of the school administrators in New Jersey. The state started requiring districts to report that information under a 2007 law enacted in response to a State Commission of Investigation report found that many education officials were received lucrative retirement packages by cashing in sick and vacation time, the story said.
The 2007 law froze administrators' sick time at the amount they had at that time and placed a $15,000 cap on people hired after. In Paterson, school officials are allowed to accrue unlimited vacation time, district officials said..