Limits certain unused sick leave pay and vacation leave carry-forward for public officers and employees.

This bill caps the retirement payout for unused sick leave at $10,000 (down from $15,000) for public employees in New Jersey, including those working for political subdivisions, agencies, authorities, and school boards. It applies only to employees who began service after a 2010 law took effect, not affecting existing collective bargaining agreements. The bill also requires unused vacation leave to be taken in the following year, unless related to a state emergency declared by the governor. These changes modify how public employees receive compensation for accrued leave upon retirement.